Grover Company Has the Following Data for the Production and Sale

question 149

Multiple Choice

Grover Company has the following data for the production and sale of 2,000 units.
$\begin{array}{llr}\text { Sales price per unit } & \text {\$ 800per unit } \\\text { Fixed costs: } & & \\\text { Marketing and administrative } &\$ 400,000 \text { per period } \\\text { Manufacturing overhead } & \$ 200,000 \text { per period }\\\text { Variable costs: }\\\text { Marketing and administrative } & \$ 50 \text { per unit } \\\text { Manufacturing overhead } & \$ 80 \text { per unit } \\\text { Direct labor } & \$ 100 \text { per unit } \\\text { Direct materials } & \$ \text { 200per unit }\end{array}$
-
What is the contribution margin per unit?

• A) $70
• B) $320
• C) $370
• D) $430

---

Definitions:

Objective Indicators

Quantifiable evidence that is used to measure and evaluate conditions or performance.

Cambridge-Somerville

A study or project name likely referring to a specific research or intervention program, possibly in the context of educational, sociological, or psychological research, in the Cambridge or Somerville areas.

Intervention Hypothesis

A theory proposing that an intervention or action taken in a specific context may lead to a desired outcome or effect.

Superordinate Goals

Superordinate goals refer to shared goals that necessitate cooperative effort; such goals can often help to reduce intergroup conflict.