Frocks and Gowns, Inc., has two divisions, Day Wear and Night Wear. The Day Wear Division has an investment base of $840,000 and produces (and sells) 115,000 units of Collars at a market price of $10.20 per unit. Variable costs for the Collars total $4.50 per unit, and fixed charges are $3.40 per unit (based on a capacity of 135,000 units). The Night Wear Division wants to purchase 30,000 units of Collars from The Day Wear Division. However, the Night Wear Division is only willing to pay $6.20 per unit. What is the contribution margin for the Day Wear Division if it transfers 30,000 units to the Night Wear Division at $6.20 per unit?

The new york times (nov. 30, 1993) reported that “the inability of opec to agree last week to cut production has sent the oil market into turmoil . . [leading to] the lowest price for domestic crude oil since june 1990.” why were the members of opec trying to agree to cut production? so they could save more oil for future consumption so they could lower the price so they could raise the price why do you suppose opec was unable to agree on cutting production? because each country has a different production capacity because each country experiences different production costs because each country has an incentive to cheat on any agreement the newspaper also noted opec’s view “that producing nations outside the organization, like norway and britain, should do their share and cut production.” what does the phrase “do their share” suggest about opec’s desired relationship with norway and britain? opec would like norway and britain to keep their production levels high. opec would like norway and britain to act competitively. opec would like norway and britain to join the cartel.