Carroll Corporation Has Two Products,Q and P

question 31

Multiple Choice

Carroll Corporation has two products,Q and P.During June,the company's net operating income was $25,000,and the common fixed expenses were $37,000.The contribution margin ratio for Product Q was 30%,its sales were $200,000,and its segment margin was $21,000.If the contribution margin for Product P was $80,000,the segment margin for Product P was:

• A) $62,000
• B) $59,000
• C) $62,000.
• D) $41,000

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Definitions:

Five-factor Model

A model that describes human personality using five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness

One of the five major personality traits characterized by an appreciation for art, emotion, adventure, unusual ideas, curiosity, and variety of experience.

Nonconformist

An individual who does not follow accepted beliefs, customs, or practices, often through deliberate choice.

Five-factor Model

A theoretical model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.