Hyper Color Company Manufactures Widgets

question 305

Multiple Choice

Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Using variable costing, what is the contribution margin for last year?

• A)$204,300
• B)$55,800
• C)$144,000
• D)$83,700

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

Equally-Weighted Portfolio

An investment portfolio in which each asset is allocated the same proportion of the total investment, regardless of the asset's market value.

Short Sell

The practice of selling a borrowed security with the intention of buying it back later at a lower price to profit from the price difference.

Arbitrage Pricing Theory

A financial model that estimates the return of an asset by considering multiple risk factors and their respective risk premiums, excluding unsystematic risk through diversification.