Follow the Rules for Working with Measurements

question 133

Multiple Choice

Follow the rules for working with measurements. A cylindrical piece of stock is turned on a lathe from 3.3 in. down to 2.3 in. in diameter. The cut is 3 in. long. What is the volume of the metal removed?

• A) 2.36 in ³
• B) 13.2 in ³
• C) 5.28 in ³
• D) 0.66 in ³
• E) 2.64 in ³

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Definitions:

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted.

Traceable Fixed Expenses

Fixed costs that can be directly associated with a specific business segment or product, aiding in accurate financial analysis and decision-making.

Common Fixed Expenses

Costs that do not vary with the level of production or sales and are shared among different segments or products of a company.

Break-even

The point at which total costs and total revenues are equal, resulting in no net loss or gain.