The Gasson Company Sells Three Products, Product A, Product B

question 63

Multiple Choice

The Gasson Company sells three products, Product A, Product B and Product C, and had sales of $1,000,000 during the month of June. The company's overall contribution margin ratio was 37% and fixed expenses totaled $350,000. Sales were: Product A, $500,000; Product B, $300,000; and Product C, $200,000. Traceable fixed costs were: Product A, $120,000; Product B, $100,000; and Product C, $60,000. The variable expenses of Product A were $300,000 and the variable expenses of Product B were $180,000.
-The contribution margin in dollars for Product B for June was:

• A)$20,000
• B)$111,000
• C)$120,000
• D)$200,000

Recognize the complexity of psychological disorders and the impacts of labeling individuals.

Illustrate the significance of awareness and understanding of psychological disorders in reducing stigma.

Understand the psychological impact and symptoms of traumatic events.

Identify and describe various anxiety and mood disorders.

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Definitions:

Basic Research

Research conducted to increase fundamental knowledge and understanding, without specific immediate commercial applications.

Percentage

A portion or division of a whole expressed as a number out of 100.

Development

Development refers to the process of economic growth, structural change, and improvement in the living standards and quality of life of a population.