The Following Information Is for Brook Park Corporation The Contribution-Margin Ratio Is _____

question 101

Multiple Choice

The following information is for Brook Park Corporation: $\begin{array}{lr}\text { Total fixed costs } & \$ 313,500 \\\text { Variable costs per unit } & \$ 101 \\\text { Selling price per unit } & \$ 163\end{array}$ The contribution-margin ratio is _____.

• A)35.7%
• B)38.0%
• C)55.6%
• D)64.3%

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Definitions:

Residual Standard Deviation

This is a measure used in statistics to estimate the standard deviation of the residuals (errors) from a regression line, indicating how well the model fits the data.

Beta

A measure of a security's volatility in relation to the overall market; used as a gauge of its risk.

T-Bills

Short-term government securities issued at a discount from par value and maturing at face value, providing a return in the form of the difference between the purchase price and the maturity value.

Residual Standard Deviation

Residual Standard Deviation, in statistics, measures the amount of variability in a set of residuals, indicating how apart the actual data points are from the fitted values in regression analysis.