Paney Company Makes Calendars

question 91

Multiple Choice

Paney Company makes calendars.Information on cost per unit is as follows:

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Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000.The price per calendar is $10.What is the contribution margin per unit?

• A) $6.30
• B) $5.00
• C) $6.40
• D) $6.00
• E) $5.40

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Definitions:

Thoracic Duct

The largest lymphatic vessel in the human body, responsible for transporting lymph and chyle from the lymphatic system into the circulatory system.

Lymphatic System

A network of tissues and organs that help rid the body of toxins, waste, and other unwanted materials.

Nutrient Absorption

Nutrient absorption is the process through which nutrients from food are taken up into the body's cells from the gut.

Lingual Tonsil

Collection of lymphoid tissue on the posterior portion of the dorsum of the tongue.