Answer the Following Questions Using the Information Below:
the Fortise

question 123

Multiple Choice

Answer the following questions using the information below:
The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for residences. Budgeted and actual operating data for the year 2015 were as follows:
$$\begin{array}{l}\begin{array} { l r r r } \text { Static Budget } & \text { Victor } & \text { House-Mate } & \text { Total } \\\hline \text { Number sold } & 6,000 & 24,000 & 30,000\\\text { Contribution margin } &\$ 1,560,000 & \$ 3,120,000 &\$ 4,680,000\\\\\text { Actual Results } & \text { Victor } & \text { House-Mate } & \text { Total } \\\text { Number sold } & 5,000 & 35,000 & 40,000 \\\text { Contribution margin } & \$ 1,400,000 & \$ 4,130,000 & \$ 5,530,000\end{array}\end{array}$$
-What is the contribution margin for the flexible budget?

• A) $1,250,000
• B) $4,200,000
• C) $5,250,000
• D) $5,850,000

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Definitions:

Qualitative Research

Research that focuses on gathering non-numerical data to understand concepts, thoughts, or experiences.

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Questions designed to elicit more detailed or deeper responses, often used in interviews and qualitative research to clarify or expand upon initial answers.

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A research role where the observer does not interact with the participants and remains unnoticed.