Use the Information Below to Answer the Following Question(s)

question 35

Multiple Choice

Use the information below to answer the following question(s) .
Anthony Office Supplies sells refills on printer ink cartridges for $16 per refill. Variable costs are $4 per refill. Fixed costs are $2,000 per month.
-What is the contribution margin ratio for the printer ink cartridge refills at Anthony Office Supplies?

• A) 133%
• B) 12%
• C) 25%
• D) 75%

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Definitions:

Parenteral

Other than by mouth.

Prescription

A written order from a healthcare professional that authorizes a patient to be provided a medicine or treatment.

Narcotic

Drugs that relieve pain and often induce sleep, but can also lead to dependence or addiction; originally referred specifically to opium-derived substances.

Ointment

A smooth oily preparation that is applied to the skin for a therapeutic purpose or as a cosmetic.