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:

Consciousness

Everything of which we are aware at any given time-our thoughts, feelings, sensations, and perceptions of the external environment.

Memory

The process of encoding, storage, and retrieval of information.

Identity

The fact of being who or what a person or thing is; a close understanding and recognition of one's own character, values, and attributes.

Bipolar Disorder

A mental illness characterized by extreme mood swings, including manic and depressive episodes.