Reference: 18_03 A Company's Product Sells at $12 Per Unit and Has

question 56

Multiple Choice

Reference: 18_03
A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000.
-The contribution margin per unit is:

• A) $5.00
• B) $7.00
• C) $8.17
• D) $12.00
• E) $17.00

---

Definitions:

Letters

Written symbols or characters used to represent sounds in a language, forming the basic building blocks of words and written communication.

Syllable

A unit of speech sound within a word that contains a vowel sound and may include consonants before or after it.

Familiar Words

Refers to words or phrases that are well known or easily recognized by most people.

Visual Cortex

The part of the cerebral cortex that processes visual information, located in the occipital lobe of the brain.