Which of the Following Is the Fastest-Growing Group Using Online

question 6

Multiple Choice

Which of the following is the fastest-growing group using online dating services?

• A)high school students
• B)people age 18 to 25
• C)professional in their early 30s and 40s
• D)people age 55 and over

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Definitions:

Unsold Units

Inventory items that have not been sold by the end of a selling period, affecting inventory carrying costs and cash flow.

Variable Costing

A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to fixed costs and profits.

Unsold Units

Unsold units refer to products that have been produced or acquired by a business but have not yet been sold to customers.