For Buffalo Co

question 20

Multiple Choice

For Buffalo Co., at a sales level of 4,000 units, sales is $75,000, variable expenses total $50,000, and fixed expenses are $21,000. What is the contribution margin per unit?

• A) $5.25
• B) $6.25
• C) $12.50
• D) $18.75

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Definitions:

Uniform Commercial Code

A set of laws that are intended to harmonize sales and commercial transactions across the United States.

Banks

Financial institutions licensed to receive deposits and provide loans, along with other financial services.

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Thoughtfully evaluated or contemplated before making a decision or judgment.

Misspelled Name

An error in the way a name is written, which could affect legal documents or official records.