Date Company Makes Calendars -Refer to the Figure

question 158

Multiple Choice

Date Company makes calendars. Information on cost per unit is as follows:
Fixed marketing expense totalled $13,000, and fixed administrative expense totalled $35,000. The price per calendar is $10.
$\begin{array}{lr}\text { Direct materials } & \$ 1.50 \\\text { Direct labour } & 1.20 \\\text { Variable overhead } & 0.90 \\\text { Variable marketing expense } & 0.40\end{array}$
-Refer to the Figure.What is the contribution margin per unit?

• A)$5.00
• B)$5.40
• C)$6.00
• D)$6.30

Identify different stages of group socialization and their characteristics.

Recognize the concepts of role ambiguity and role conflict and their impacts on group members.

Analyze the structure and effects of attraction in groups.

Understand the principles of balance theory and its implications for group dynamics.

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Definitions:

Implied Warranty

A legal term referring to a warranty that is not expressly stated but is assumed by law to exist in a sale.

Release

A legal agreement where one party forfeits the right to pursue a claim or lawsuit against another party.

Damages

A monetary compensation awarded by a court to a person who has suffered a loss or injury.

Incidental Beneficiary

A person or entity that indirectly gains a benefit from a contract to which they are not a party, without the contract specifically intending such benefit.