The Kringel Company Provides the Following Information -Refer to the Figure

question 61

Multiple Choice

The Kringel Company provides the following information:
$\begin{array}{lr}\text { Sales }(200,000 \text { units) } & \$ 500,000 \\\text { Manufacturing costs: } & \\\text { Variable } & 170,000\\\text { Fixed } &30,000 \\\text { Selling and administrative costs: } & \\\text { Variable } &80,000 \\\text { Fixed } & 20,000\end{array}$
-Refer to the figure.What is the contribution margin ratio for Kringel?

• A)0.16
• B)0.34
• C)0.50
• D)0.76

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Definitions:

Herzberg's Two-Factor Theory

A theory that divides workplace factors into two categories: hygiene factors, which prevent dissatisfaction, and motivators, which encourage employees to work harder.

Job Dissatisfaction

The state of being unhappy or discontent with one's employment situation, often due to factors such as working conditions, relationships, or compensation.

Management By Objectives

A performance management approach in which managers and employees collaborate to set, monitor, and achieve specific objectives within an agreed timeframe.

Goal-Oriented Rewards

Incentives provided after the achievement of defined objectives, aimed at motivating performance.