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

question 219

Multiple Choice

Use the information below to answer the following question(s) .
The following information for the past year for the Lambert Company has been provided:

During the year, the Lambert Company produced and sold 50,000 units of product at a sale price of $10.00 per unit. There was no beginning inventory of product at the beginning of the year.
-What is the contribution margin for the year at the Lambert Company?

• A) $94,000
• B) $293,000
• C) $301,000
• D) $500,000

---

Definitions:

Review Technique

A systematic approach to assess, analyze, or evaluate a process, set of data, or document to ensure accuracy, completeness, or compliance with standards.

Coalitions

Alliances or unions between groups, typically for mutual benefit or to achieve a common goal.

Specific Problem

A clearly defined issue or challenge that requires a solution or resolution.

Intervention Skills

Refers to the abilities and techniques used by professionals to intervene in situations to provide assistance, support, or influence outcomes.