Rrent selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is considering increasing the selling price to $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. At the proposed increased selling price of $190 per unit, the contribution margin ratio is closest to: Group of answer choices 68.4%. 60.2%. 50.8%. 31.6%.

31.6%

Explanation:

Contribution margin ratio after the increase in selling price is:

CM = (Unit selling price - Unit variable cost) / Unit selling price

      = (190 - 130) / 190 = 31.6%

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.