Reference: 08-02
the Following Is Allison Corporation's Contribution Format Income

question 125

Multiple Choice

Reference: 08-02
The following is Allison Corporation's contribution format income statement for last month: $$\begin{array} { | l | c | } \hline \text { Sales } & \$ 800,000 \\\hline \text { Less variable expenses } & 300,000 \\\hline \text { Contribution margin } & 500,000 \\\hline \text { Less fixed expenses } & 400,000 \\\hline \text { Net income } & \$ 100,000 \\\hline\end{array}$$ The company has no beginning or ending inventories. The company produced and sold 10,000 units last month.
-What is the company's contribution margin ratio?

• A)500%.
• B)20%.
• C)62.5%.
• D)160%.

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Definitions:

Police Justification

The rationale or reasoning given by law enforcement officers for their actions or decisions, especially in the context of use of force.

Crime Victims

are individuals who suffer direct or indirect harm due to criminal activities, including physical, emotional, or financial damage.

Causes and Impact

The factors or reasons behind events or conditions and the effects or consequences they create.

Elias

May refer to a person's name or in specific contexts, a scholar or notable figure in a particular field.