Answer the Following Questions Using the Information Below:
Woodruff Flowering

question 31

Multiple Choice

Answer the following questions using the information below:
Woodruff Flowering Plants provides the following information for the month of May:
$\begin{array}{lrrrr}&\text { Actual }&&\text { Budget }\\&\text { Fuchsia}&\text { Dogwood }&\text { Fuchsia}&\text { Dogwood }\\\text { Sales in units } & 18,000 & 4,500 & 17,000 & 3,000 \\\text { Contribution margin per unit } & \$ 20 & \$ 17 & \$ 21 & \$ 16\end{array}$
-What is the budgeted contribution margin per composite unit for the budgeted mix?

• A) $19.00
• B) $19.40
• C) $20.00
• D) $20.30

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Definitions:

Correlation Coefficient

This is a statistical measure that indicates the extent to which two or more variables fluctuate together.

Caffeine Intake

The consumption of the stimulant caffeine, found in coffee, tea, and many soft drinks, which affects the central nervous system.

Dependent Variable

The variable in an experiment that is expected to change in response to manipulations of the independent variable.

Independent Variable

"A manipulated experimental factor; the variable that the experimenter changes to see what its effects are."