If Selling Price Is $18 Per Unit and Variable Costs

question 53

Multiple Choice

If selling price is $18 per unit and variable costs are $13 per unit,contribution margin is:

• A)$31 per unit
• B)$5 per unit
• C)$6 per unit
• D)$1.38 per unit

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Definitions:

Output Technologies

Refers to the devices and methods used to convey processed data and information from a computer to the user, such as monitors, printers, and speakers.

Data

Facts and statistics collected together for reference or analysis.

Information

Data that have been organized so that they have meaning and value to the recipient.

Mainframes

Powerful computers used primarily by large organizations for critical applications, bulk data processing such as census, industry and consumer statistics, enterprise resource planning, and financial transaction processing.