The Unit Variable Cost (UVC) Divided by Selling Price (P)

question 13

Multiple Choice

The unit variable cost (UVC) divided by selling price (P) is

• A) contribution margin (CM).
• B) fixed costs (FC).
• C) total cost (TC).
• D) total revenue (TR).
• E) price per unit of the product (P).

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Definitions:

Increases

A term indicating a rise or growth in a numerical value or quantity.

Scatter Diagram

A graph used in statistics to visually display and analyze the relationship between two numerical variables by plotting data points on a Cartesian plane.

Income

The monetary payment received for goods or services, or from other sources, usually calculated on a yearly basis.

Education

The process of receiving or giving systematic instruction, especially at a school or university.