Figure 4-1

question 142

Multiple Choice

Figure 4-1.Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500.
-Refer to Figure 4-1. What is the contribution margin ratio?

• A) 35%
• B) 65%
• C) 54%
• D) 89%
• E) 50%

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Definitions:

Shaping Behavior

A method of positive reinforcement of behaviors that are successively closer to the desired behavior, used in behavior modification programs.

Positive Reinforcers

Stimuli that, when introduced following a behavior, increase the likelihood of that behavior being repeated in the future.

Psychologists

Professionals specialized in the study of the mind and behavior, working in various fields such as clinical, counseling, educational, and research settings.

Discriminate

To differentiate or make a distinction in treatment or preference often based on prejudicial grounds.