ZTL Corporation Produces Three Products

question 16

Multiple Choice

ZTL Corporation produces three products. Cost, price, and volume data is shown below: Total Fixed costs $2,400
Tax rate 40%
Picture Candle CD
Holders Holders Holders
Normal volume 300 150 200
Price per unit $5 $7 $10
Variable cost per unit 2 3 4
The weighted average contribution margin per unit, rounded to the nearest cent, is:

• A)$3.00
• B)$4.00
• C)$4.15
• D)$6.00

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Definitions:

Tolman's View

An approach in psychology proposed by Edward C. Tolman that emphasizes the role of cognition and purposive behavior in understanding learning.

Learning

A relatively permanent change in behavior potential that occurs as a result of experience.

Learned Helplessness

A scenario in which an individual is plagued by feelings of helplessness, caused by either a distressing event or repeated failures to accomplish their goals.

Seligman

Known for his work on learned helplessness and its connection to depression, proposing that it results from a perceived lack of control over the outcome of a situation.