Unit Variable Cost Divided by Unit Selling Price Times 100

question 108

Multiple Choice

Unit variable cost divided by unit selling price times 100 is the contribution margin expressed

• A) as the sum of all units sold.
• B) on a per unit basis for a product.
• C) as a percentage.
• D) as a total of fixed costs.
• E) as a total of all costs.

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Definitions:

Analogies

Analogies are comparisons made between two things that are otherwise unlike, but have some similarities, often used to explain or clarify complex concepts by relating them to more familiar ones.

Induction

A process or method of learning or reasoning by which general principles are derived from specific instances or observations.

General Conclusion

A final statement or decision that summarizes the main points or findings of a discussion, research, or analysis.

Specific Conclusion

A definite or distinct outcome derived from reasoning or argumentation that is tightly focused on a particular issue.