Use the Following to Answer Questions

question 23

Multiple Choice

Use the following to answer questions :
-Organ of government in colonial Virginia made up of an assembly of representatives elected by the colony's white male landowning inhabitants. It was established by the Virginia Company and continued by the crown after Virginia was made a royal colony.

• A)Algonquian Indians
• B)Bacon's Rebellion
• C)Barbados
• D)headright
• E)House of Burgesses
• F)indentured servants
• G)Jamestown
• H)Navigation Acts
• I)Pueblo Revolt
• J)royal colony
• K)slavery
• L)Virginia Company

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Definitions:

Variable Manufacturing Costs

Costs that vary directly with the level of production output, including raw materials and direct labor costs.

Fixed Manufacturing Costs

Costs that remain constant regardless of the level of production or sales volume, such as rent and salaries.

Selling Commission

A fee paid to a sales agent or an employee based on the value of sales generated.

Contribution Margin

The amount remaining from sales revenue after variable production costs have been deducted, indicating how much contributes toward covering fixed costs and generating profit.