Kaprelian Company Sells Desks at $480 Per Desk

question 83

Multiple Choice

Kaprelian Company sells desks at $480 per desk.The variable costs are $300 per desk.Total fixed costs for the period are $400,000.The contribution margin ratio is ________.

• A) 22.5%
• B) 37.5%
• C) 40.6%
• D) 62.5%

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Definitions:

Charisma

A personal quality of leadership attracting loyalty or enthusiasm from others, often seen as a form of magnetic charm or appeal that is not easily defined.

Market Performance

A measure of how well a company's stock and financial products perform in the market, influencing its value and reputation.

Charismatic Leadership

A leadership style characterized by the leader's ability to inspire enthusiasm, passion, and strong levels of devotion in followers.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, often used to help explain complex or abstract concepts.