Answer the Following Questions Using the Information Below:
the Corata

question 86

Multiple Choice

Answer the following questions using the information below:
The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products:
$\begin{array}{lrr}&\text { Standard }&\text { Super }\\\text { Bud geted sales in units } & 2,400 & 600 \\\text { Bud geted selling price } & \$ 600 & \$ 1,700 \\\text { Bud geted contribution margin per unit } & \$ 400 & \$ 1,050 \\\text { Actual sales in units } & 2,800 & 1,200 \\\text { Actual selling price } & \$ 650 & \$ 1,680\end{array}$
-What is the budgeted sales-mix percentage for the Standard and the Super vacuum cleaners,respectively?

• A) 0.80 and 0.20
• B) 0.70 and 0.30
• C) 0.20 and 0.80
• D) 0.30 and 0.70

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Definitions:

Health Savings Account

A tax-advantaged savings account available to taxpayers enrolled in high-deductible health plans, used to pay for eligible medical expenses.

Employer Contributions

Payments made by an employer into employees' benefits or retirement plans, which are often tax-deductible for the employer.

Deductible

An amount that can be subtracted from income before calculating the amount of tax owed, often related to expenses incurred.

Alimony Deduction

A tax deduction that allows individuals to subtract alimony payments made to a former spouse from their taxable income.