The Local Convenience Store Sells Soft Drinks

question 61

Multiple Choice

The local convenience store sells soft drinks. It sells two large drinks for every small drink. A large drink sells for $1.50, with a variable cost of $0.60. A small drink sells for $1.00 with a variable cost of $0.50. What is the weighted- average contribution margin? (Please round to the nearest cent.)

• A)$0.65
• B)$0.70
• C)$0.45
• D)$0.77

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Definitions:

RIA

Stands for Radioimmunoassay, a sensitive laboratory technique used to measure concentrations of substances, such as hormones, in the blood.

Acid Stain

A coloring technique used in microscopy to identify and differentiate among various types of cells and tissues, often using acidic dyes.

Rose-colored Stain

A dye or staining method used in microbiology to highlight structures in microbial and human cells.

WBC

White Blood Cells; the cells of the immune system that are involved in protecting the body against both infectious disease and foreign invaders.