Periphery,Inc

question 39

Multiple Choice

Periphery,Inc.has two products-picture frames and candle holders.Financial data for both the products follow:

Periphery has two sales representatives-Andrew Novak and Liu Wei.Each sales representative sold a total of 1400 units during the month of March.Andrew had a sales mix of 70% picture frames and 30% candle holders.Liu had a sales mix of 80% picture frames and 20% candle holders.What is the contribution margin ratio for picture frames and candle holders,respectively?

• A)57%;46%
• B)52%;43%
• C)5%;3%
• D)43%;54%

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Definitions:

Basic Needs

Fundamental requirements necessary for individuals to maintain a healthy and sustainable life, typically including food, water, shelter, and clothing.

Subdued

Characterized by a lack of intensity, excitement, or activity; often quiet or restrained.

Regionalization

The process of dividing an area into smaller regions for administrative, economic, or cultural purposes, often to enhance governance or focus on regional specifics.

European Union

A political and economic union of 27 European countries that are tied by a common market and customs union, allowing for the free movement of people, goods, services, and capital.