Assume That the Following Information Was Available for Daylight Enterprises

question 81

Multiple Choice

Assume that the following information was available for Daylight Enterprises, Inc.Which of the following statements is(are) true with regard to contribution margin ratio? $$\begin{array} { | l | c | c | r | } \hline & \begin{array} { c } \text { Ceiling } \\\text { Lights }\end{array} & \begin{array} { c } \text { Tabletop } \\\text { Lights }\end{array} & \begin{array} { c } \text { Stardd-Alone } \\\text { Lights }\end{array} \\\hline \text { Sales } & \$ 350,000 & \$ 175,000 & \$ 440,000 \\\hline \text { Variable expenses } & & & \\\hline \text { Variable production } & \$ 70,000 & \$ 19,250 & \$ 90,000 \\\hline \text { Variable advertising } & \$ 10,500 & \$ 3,500 & \$ 22,000 \\\hline \text { Variable shipping } & \$ 12,000 & \$ 14,000 & \$ 28,000 \\\hline\end{array}$$

• A)Tabletop lights has the lowest contribution margin ratio.
• B)Ceiling lights has the highest contribution margin ratio.
• C)Ceiling lights has the lowest contribution margin ratio.
• D)Stand-alone lights has the highest contribution margin ratio.
• E)Tabletop lights has the highest contribution margin ratio.

Identify and apply competitive strategies to real-world organizational or market scenarios.

Comprehend the key roles and responsibilities of strategic leadership.

Understand the influences and contributions of various cultures and groups to the art and architecture in South and Southeast Asia.

Comprehend the philosophical concepts and religious practices of Hinduism, Buddhism, and other local beliefs reflected in the art, literature, and architecture.

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