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Talk Time Cellular Sells Smart Phones for $150

question 120

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Talk Time Cellular sells smart phones for $150.The unit variable cost per phone is $25 plus a selling commission of 10%.Fixed manufacturing costs total $5,600 per month, while fixed selling and administrative costs total $2,100.What is the contribution margin per phone?

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Definitions:

Parasitism

A relationship between two organisms where one benefits at the expense of the other, often without killing it outright.

Commensalism

A type of symbiotic relationship where one organism benefits while the other is neither helped nor harmed.

Commensalism

Commensalism is a type of symbiotic relationship where one organism benefits without harming or benefiting the other.

Batesian Mimicry

A form of mimicry where a harmless species evolves to imitate the warning signals of a harmful species to deter predators.

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