Answer the Following Questions Using the Information Below

question 131

Multiple Choice

Answer the following questions using the information below:
Nancy's Niche sells a single product.8000 units were sold resulting in $80 000 of sales revenue,$20 000 of variable costs,and $10 000 of fixed costs.
-The contribution margin percentage is:

• A)25.0%.
• B)12.5%.
• C)37.5%.
• D)75.0%.

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Definitions:

Enhancements and Migrations

The process of improving and moving data or applications from one operating environment to another, often involving upgrades to software or hardware.

New Product Development

A process that starts from idea generation to the commercialization of a new product, encompassing market research, design, testing, and launch.

Product-by-value Analysis

A method used in prioritizing products or projects based on their potential value or profitability to an organization.

Ethical Decision

A choice made based on moral principles and values, considering the impact on all stakeholders involved.