A Project Has Expected Sales of 21,000 Units at a Price

question 351

Multiple Choice

A project has expected sales of 21,000 units at a price of $14.99, variable costs of $9.03, and fixed costs of $58,590. What is the contribution margin per unit?

• A) $2.79
• B) $3.17
• C) $5.96
• D) $9.03
• E) $14.99

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Definitions:

Flexible

The capability to adjust one's thoughts, behaviors, or actions in response to changing situations or conditions.

Senescence

The process of aging where the biological functions of an organism decline, leading to decreased ability to adapt to stress and increased risk of death.

Physical Appearance

The outward look or aspect of a person, including features, shape, and style of dress, which can influence social perceptions.

Spinal Disks

Cushion-like pads situated between vertebrae in the spine, acting as shock absorbers.