Wight Corporation Has Provided Its Contribution Format Income Statement for June

question 217

Multiple Choice

Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. If the company sells 9,100 units, its total contribution margin should be closest to:

• A) $174,500
• B) $192,000
• C) $52,135
• D) $182,000

---

Definitions:

Market Segments

The process of dividing a target market into smaller, more defined categories based on characteristics like demographics, needs, priorities, common interests, or other psychographic or behavioral criteria.

Responsive

This term often refers to technology or design that automatically adjusts to the device it's viewed on, ensuring an optimal user experience.

Profitable

The state of yielding financial gain or benefit, where the income generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Personal Care Products

Consumer products used for personal hygiene and for beautification, such as cosmetics, soaps, lotions, and dental care items.