Wilson's Meats Has Computed Their Fixed Costs to Be $1

question 86

Multiple Choice

Wilson's Meats has computed their fixed costs to be $1.32 for every kilogram of meat they sell given an average daily sales level of 500 kilograms. They charge $8.56 per kilogram of top-grade ground beef. The variable cost per kilogram is $6.58. What is the contribution margin per kilogram of ground beef sold?

• A) $.66
• B) $1.32
• C) $1.98
• D) $6.58
• E) $8.56

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Definitions:

National Character

The perceived unique collective personality, customs, and traits of the citizens of a nation.

Perceptions

Refers to the process of organizing, identifying, and interpreting sensory information to represent and understand the environment.

Stereotype

A fixed, overgeneralized belief about a particular group or class of people.

Extroverted

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.