"Contribution Margin Per Unit" Is Best Described by Which of the Following

question 156

Multiple Choice

"Contribution margin per unit" is best described by which of the following?

• A)Sales price per unit minus fixed cost per unit
• B)Sales price per unit minus variable cost unit
• C)Sales price per unit minus fixed and variable costs per unit
• D)Units sold time contribution margin ratio

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Definitions:

Limited Liability Company

A company framework that integrates the advantageous tax treatment of partnerships or sole proprietorships with the protective aspect of limited personal liability akin to corporations.

Citizen

A legally recognized subject or national of a state or commonwealth, either native or naturalized.

Double Taxation

The levying of tax by two or more jurisdictions on the same declared income (in the case of income taxes), asset (in the case of capital taxes), or financial transaction (in the case of sales taxes).

S Corporation

A special designation that allows corporations to pass income, losses, deductions, and credits through to their shareholders for federal tax purposes.