On Fire Company, a Producer of Salsa, Has the Following

question 145

Multiple Choice

On Fire Company, a producer of salsa, has the following information: $$\begin{array} { l l } \text { Income tax rate } & 30 \% \\\text { Selling pric e per unit } & \$ 5.00 \\\text { Variable cost p er unit } & \$ 3.00 \\\text { Total fixed costs } & \$ 90,000.00\end{array}$$ The contribution margin per unit is:

• A) $3.00
• B) $8.00
• C) $2.00
• D) $5.00

---

Definitions:

Online Communities

Virtual spaces where individuals with shared interests, goals, or purposes interact, share information, and build relationships over the internet.

Design Thinking

Design thinking is a process that encourages organizations to focus on the people they’re creating products for.

New-product Strategy

A plan that outlines the conceptualization, development, and launch of new products, considering the target market and the competitive landscape.

Strategy Development

It involves creating plans and tactics to achieve a specific organizational goal or objective, typically by analyzing internal and external environments.