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20) _ 20) Mist Company sells two products, X and Y. Mist predicts that it will sell 2,500 units of X and 1,500 units of

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20) _ 20) Mist Company sells two products, X and Y. Mist predicts that it will sell 2,500 units of X and 1,500 units of Y in the next period. The unit contribution margins are $3.50 and $4.80, respectively. What is the weighted average unit contribution margin? A) $4.15 B) $4.25 C) $3.99 D) $3.71 21) Which of the following is an advantage of the budgeting process? A) coordinates the activities of the organization B) assures the company of achieving its objectives C) aids in performance evaluation D) both A and B 22) 22) Which of the following is a benefit of budgeting? A) improved motivation for employees B) focuses management's attention on the future C) improved decision-making processes D) all of the above are benefits of budgeting

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