Pep Soda, a Local Convenience Store, Sells Soft Drinks

question 147

Multiple Choice

Pep Soda, a local convenience store, sells soft drinks. It sells two large drinks for every small drink. A large drink sells for $1.50 with a variable cost of $0.60. A small drink sells for $1.00 with a variable cost of $0.50. The weighted average contribution margin is: (Round your intermediate calculations and final answer to two decimal places)

• A)$1.15 per drink.
• B)$2.30 per drink.
• C)$0.77 per drink.
• D)$0.60 per drink.

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Definitions:

Between Assessment

An evaluation or analysis conducted to compare or distinguish differences or similarities among subjects at different times or conditions.

One-group Pretest-posttest Design

A research design where a single group of subjects is tested before and after a treatment to observe changes.

Pretest

An assessment given before a main intervention or treatment to establish a baseline measure of the participants' knowledge or skills.

Experimental Manipulation

The deliberate alteration of variables in an experimental setup to study its effects on the outcome.