Answer the Following Questions Using the Information Below

question 6

Multiple Choice

Answer the following questions using the information below:
Alex Furniture sells a table for $850. His fixed costs are $25,000, while his variable costs are $500 per table. He currently plans to sell 175 tables this month.
-Winnz sells 8,000 units resulting in $100,000 of sales revenue,$35,000 of variable costs,and $45,000 of fixed costs.The contribution margin percentage is ________.

• A) 66.67%
• B) 65.0%
• C) 37.5%
• D) 75.0%

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Definitions:

Ragged Right Margins

A text layout style where the right edge of the text is uneven or not aligned, commonly used to create a more informal appearance in documents.

Presentation Slides

Visual aids, often used in conjunction with spoken presentations, to help convey information to an audience.

Capital Letters

Upper case letters used in writing to emphasize, denote proper nouns, or follow specific grammatical rules.

Usability

The ease with which people can use an object, tool, or interface to achieve a particular goal.