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In imperfect competition, _. A) a firm will produce as many units as it can sell B) a firm's costs a competitor's costs C) the price a firm charges for a unit the quantity of units it sells D) a firm's market share is lass than a competitor's market share Nevada Company uses the contribution approach. What is the contribution margin? A) $720,000 B) $900,000 C) $570,000 D) $960,000 12) Kansas Company produces and sells 20,000 units at $22 per unit. Kansas Company's product cost is calculated as follows: A total of 500 setups at a cost of $120 per setup are required to produce the 20,000 units. Kansas Company has received a special order to sell 5,000 units at $12 per unit. Kansas Company has excess capacity available, but these 5,000 units would require 60 setups. If Kansas Company accepts the special order, what is the increase in costs to them? A) $57, 200 B) $65,000 C) $7, 200 D) $40,000 E) none of the above. Each month Newton Company produces 30,000 units of a product that has variable costs of $70 per unit. Total fixed costs for the month are $990,000. A special order is received for 1,000 units at a price of $77 per unit. Newton Company has adequate capacity for the special order. If Newton Company accepts the special order, what is the profit to Newton Company from the special order? A) $7,000 B) $210,000 C) $21,000 D) There is no profit; it is loss