A Company Has a Unit Contribution Margin of $120 and a Contribution

question 32

Multiple Choice

A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the unit selling price?

• A) $200
• B) $300
• C) $48
• D) Cannot be determined.

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Definitions:

Oral

Relating to the mouth, or administered through the mouth.

Rectal

Pertaining to the rectum, which is the final section of the large intestine, terminating at the anus.

Axillary

Relating to the area under the arm.

Oral

Pertaining to the mouth, including speech or the administration of medication through the mouth.