Gardenia Corp

question 54

Multiple Choice

Gardenia Corp.has a selling price of $15,fixed costs of $25,000,and contribution margin of $65,000.If Gardenia sells 13,000 units,how much are variable costs per unit?

• A)$2.00
• B)$5.00
• C)$7.00
• D)$10.00

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Definitions:

Leader

An individual who influences and guides others towards achieving collective goals, often possessing qualities such as vision, communication skills, and integrity.

Ethical Dilemma

A situation where a person has to choose between two or more morally acceptable or unacceptable actions, with no clear right or wrong answer.

Competing Values

Conflicting principles or standards that can lead to dilemmas or disagreements within personal or professional contexts.

Positive Intent

The presumption that individuals' actions or decisions are motivated by good or constructive reasons.