If a Company's Sales Price for Its Product Is $40

question 6

Multiple Choice

If a company's sales price for its product is $40, its variable cost percentage is 30%, its sales are $200 000, and its fixed costs are $100 000, what will be its contribution margin per unit?

• A) $10
• B) $12
• C) $28
• D) $30

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Definitions:

Forensic Psychologists

Professionals who apply psychological principles and techniques to legal issues, including the assessment of individuals involved in the legal system.

Counseling Psychologists

Professionals in psychology who specialize in providing guidance and support to individuals dealing with personal, social, or psychological challenges.

Academic Successes

The achievement of educational goals, such as high grades, good performance on exams, and the completion of degrees or certifications.

Humanistic Psychologist

A professional in psychology who focuses on individual potential and emphasizes personal growth and the concept of self-actualization.