Orchid Corp

question 64

Multiple Choice

Orchid Corp.has a selling price of $15,variable costs of $10 per unit,and fixed costs of $25,000.If Orchid sells 13,000 units,contribution margin will equal:

• A)$195,000
• B)$145,000
• C)$40,000
• D)$65,000

Understand the implications of the shape and scale of the probability distribution on statistical analysis.

Assess the significance of specific percentile ranks within the context of a normal distribution.

Understand basic units of measurement in the metric system and conversion between units.

Comprehend the concept and importance of a line of best fit in data representation.

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Definitions:

Manufacturing

The process of producing goods using labor, machines, tools, and chemical or biological processing or formulation.

Labor Force

The total number of people employed or seeking employment in a country or region.

Global Economy

The interconnected worldwide economic activities that determine the production, distribution, and consumption of goods and services across different countries.

Assembly

The act of gathering or coming together of a group of people, typically for a specific purpose or action.