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

question 14

Multiple Choice

Use the information below to answer the following question(s) .
Jill Bishop makes homemade soap. She sells it for $100 a case. Her variable costs are $40 per case. She has fixed costs of $600.
-What is the contribution margin per case?

• A) $60.00
• B) $40.00
• C) $15.00
• D) $10.00

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Definitions:

Critical Thinking

A logical, rational, systematic thought process that is necessary to understand, analyze, and evaluate information in order to solve a problem or situation.

Heavy Drinking

The consumption of large quantities of alcohol in a short period, often leading to health risks and social problems.

Sleep Disturbance

Disruptions in the normal sleep cycle, which can include difficulties in falling asleep, staying asleep, or experiencing restful sleep.

Depression

An emotional state marked especially by sadness, inactivity, difficulty in thinking and concentration, a significant increase or decrease in appetite and time spent sleeping, feelings of dejection and hopelessness, and sometimes suicidal tendencies.