The Contribution Margin Per Machine Hour for a Given Product

question 94

Multiple Choice

The contribution margin per machine hour for a given product is calculated as:

• A) Full cost per unit/number of machine-hours per unit for the product in question.
• B) Number of machine-hours per unit for the product in question/full-cost per unit of the product.
• C) Selling price per unit less variable manufacturing cost per unit for the product in question.
• D) Selling price per unit for the product less the product's variable manufacturing cost per unit less the variable selling cost per unit for the product.
• E) Selling price per unit less total variable cost per unit, divided by number of machine-hours per unit.

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Definitions:

Specific Industries

Specific Industries are distinct sectors of the economy that produce or handle similar types of goods and services, such as the automotive or technology industries.

Displaced Workers

Individuals who have been laid off from their jobs because their positions have been eliminated, usually due to economic changes, technological advancements, or business restructuring.

New Jobs

Employment positions created within the economy that did not previously exist, contributing to workforce expansion.

Technological Change

The rate and direction of innovations and improvements in technology that affect productivity and economic growth.