Hardage Company Has a Contribution Margin Per Unit of $15

question 80

Multiple Choice

Hardage Company has a contribution margin per unit of $15 and a contribution margin ratio of 60%.How much is the selling price of each unit?

• A)$25
• B)$37.50
• C)$9
• D)Cannot be determined without more information.

---

Definitions:

Sensing (S)

A preference in personality types, particularly in the Myers-Briggs Type Indicator, indicating a tendency to perceive information through the five senses rather than intuition.

Possibilities

Various opportunities or prospects that are or may be available.

Formal Education

Structured, systematic instructional and educational programs offered by educational institutions, leading to certification or a degree.

Decision-Making Dimension

Involves the aspects related to how decisions are made within an organization, including processes, influences, criteria, and outcomes associated with decision-making.