Answer the Following Questions Using the Information Below

question 146

Multiple Choice

Answer the following questions using the information below:
Shaghai Tea Products has an exclusive contract with British Distributors. Calamine and Shanghai are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:
Budgeted and actual fixed corporate-sustaining costs are $1,750 and $2,000, respectively.
-What is the actual contribution margin for the month?

• A)$7,500
• B)$8,800
• C)$8,500
• D)$6,900

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Definitions:

Twentieth Century

The era spanning from January 1, 1901, to December 31, 2000, marked by significant technological, social, and political changes.

Agricultural Technologies

Innovations and technologies developed to improve efficiency, productivity, and sustainability in agriculture.

Productivity Per Acre

The measure of output (such as crops) produced per acre of land.

Farmland

Land used for farming purposes to grow crops and rear animals, constituting a primary resource for agricultural activities and food production.