A Graph Shows the Average SAT Scores for Males and Females

question 59

Multiple Choice

A graph shows the average SAT scores for males and females in 2012.The kind of graph used to show these data would be a

• A) scatter diagram.
• B) time-series graph.
• C) cross-section graph.
• D) time-stationary graph.
• E) trend figure.

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable costs are deducted, indicating the capability of covering fixed costs and generating profit.

Variable Manufacturing Costs

Costs that vary in total directly and proportionately with changes in the production volume, including direct materials, direct labor, and variable manufacturing overhead.

Selling Commission

A fee paid to a salesperson or agent for facilitating a sale, typically a percentage of the sale price.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs a company has.