Tally Corp

question 6

Multiple Choice

Tally Corp. sells softwares during the recruiting seasons. During the current year, 14,000 software packages were sold resulting in $460,000 of sales revenue, $110,000 of variable costs, and $50,000 of fixed costs.
Contribution margin per software is ________.

• A) $32.86
• B) $25.00
• C) $29.29
• D) $7.86

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Definitions:

Dependent Means

Refers to the average values of two sets of related data, typically used in paired tests or studies where the same subjects are measured under different conditions.

Individuals

Entities or members of a larger group or dataset, each possessing unique characteristics or data points.

Degrees of Freedom

The number of independent values or quantities that can vary in an analysis without violating any constraints.

Dependent Groups

Groups in which the participants are related or matched in some way, often used in experiments to control for variables.