Variable and Absorption Costing During its first year, Walnut, Inc., showed an $45 per-unit profit under absorption costing but would have reported a total profit $40,000 less under variable costing. If production exceeded sales by 500 units and an average contribution margin of 62.5% was maintained, what is the apparent: a. Fixed cost per unit? $Answer 80 per unit b. Sales price per unit? $Answer per unit c. Variable cost per unit? $Answer 0 per unit d. Unit sales volume if total profit under absorption costing was $198,000? Answer units

Post test question number 9 for entering the job market

12.     to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a   incorrect which is correct answer?

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.