Newton company currently produces and sells 10,000 units of a product that has a contribution margin of $8 per unit. the company sells the product for a sales price of $22 per unit. fixed costs are $20,000. the company is considering investing in new technology that would decrease the variable cost per unit to $12 per unit and double total fixed costs. the company expects the new technology to increase production and sales to 15,000 units of product. what sales price would have to be charged to earn a $95,000 target profit assuming the investment in technology is made?

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to: