Fessler, Inc

question 203

Multiple Choice

Fessler, Inc. has a product with a selling price per unit of $200, the unit variable cost is $75, and the total monthly fixed costs are $300,000. How much is Fessler's contribution margin ratio?

• A) 62.5%
• B) 37.5%
• C) 150%
• D) 266.6%

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Definitions:

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Psychologist Erik Erikson is known for his theory on the psychosocial development of human beings, outlining eight stages from infancy to adulthood.

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Theory of aging that holds that successful aging is characterized by mutual withdrawal of the older person and society.

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