Answer the Following Questions Using the Information Below

question 174

Multiple Choice

Answer the following questions using the information below:
Tally Corp. sells softwares during the recruiting seasons. During the current year, 11,000 softwares were sold resulting in $440,000 of sales revenue, $110,000 of variable costs, and $48,000 of fixed costs.
-Contribution margin per software is ________.

• A) $10.00
• B) $30.00
• C) $40.00
• D) $36.00

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Definitions:

Subordinates

Employees or team members who are lower in rank or position and typically report to a supervisor or manager in an organizational hierarchy.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work, often influencing productivity and job satisfaction.

Product Quality

The perceived value, reliability, and performance of a product in meeting or exceeding customer expectations.

Competitive Position

A firm's standing in the marketplace in comparison to its competitors, determined by factors such as market share, quality, and consumer perception.