Answer the Following Questions Using the Information Below:
Archoid's Flowering

question 152

Multiple Choice

Answer the following questions using the information below:
Archoid's Flowering Plants provides the following information for the month of May:
$\begin{array}{lrrrr}&\text { Actual }&&\text { Budget }\\&\text { Tulips}&\text { Geraniums }&\text { Tulips}&\text { Geraniums }\\\text { Sales in units } & 4,420 & 4,080 & 4,950 & 3,300 \\\text { Contribution margin per unit } & \$ 12 & \$ 19 & \$ 11 & \$ 21\end{array}$
-What is the budgeted contribution margin per composite unit for the budgeted mix?

• A) $13.80
• B) $15.00
• C) $15.36
• D) $15.80

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Definitions:

Dividends Shareholders

Profits distributed to shareholders of a corporation, typically in the form of cash payments or additional shares of stock.

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Taxes levied on either employers or employees, often determined as a fraction of the wages that businesses pay to their workforce.

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The percentages at which income, property, or purchases are taxed by the government.