If the Contribution Margin Is $24 for Product T and $8

question 64

Multiple Choice

If the contribution margin is $24 for product T and $8 for product Z,fixed costs are $30 000 and the sales mix is 25% product T and 75% product Z,the weighted average contribution margin is:

• A)$32
• B)$16
• C)$20
• D)$12

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Definitions:

Pay Equity

The concept that employees should receive equal pay for work of equal value regardless of gender, ethnicity, or other non-performance-related factors.

Market Comparator Firms

Companies used as benchmarks to evaluate competitive aspects such as salaries, benefits, and working conditions for benchmarking purposes.

Union Or Non-union

Describes whether a workforce is represented and protected by labor unions, or not affiliated with unions.

Dispersion

In statistics, the measure of how spread out numbers are in a dataset, indicating variability.