A Division Sold 200,000 Calculators During 2017 How Much Is the Unit Contribution Margin?
A)$1

question 93

Multiple Choice

A division sold 200,000 calculators during 2017: $\begin{array}{lr}\text { Sales }&&\$2,000,000\\\text { Variable costs: }\\\text { Materials } & \$ 380,000 \\\text { Order processing } & 150,000 \\\text { Billing labor } & 110,000 \\\text { Selling expenses } & 60,000\\\text { Total variable costs }&&700,000\\\text { Fixed costs }&&1,000,000\end{array}$ How much is the unit contribution margin?

• A)$1.00
• B)$3.50
• C)$8.50
• D)$6.50

Compare different income distributions and their effects on societal equity.

Recognize the role of human capital and its impact on earning potential.

Identify factors contributing to differences in compensation, including compensating differentials and human capital investment.

Evaluate the impact of technology and education on income inequality.

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Definitions:

Fixed Exchange Rate

A government or central bank policy that pegs the country's currency to another currency or to a reference value, such as gold, and does not allow it to fluctuate freely in the Forex market.

Extremism

The holding of extreme political or religious views and the actions taken to support or achieve them.

Trade Control

Government-imposed restrictions on the free exchange of goods and services between countries, including tariffs, quotas, and import licenses.

Property Rights

Legal rights over the use, control, and transfer of property, which can include intellectual property, real estate, and physical assets.