Kanmore Produces and Sells Three Products

question 80

Multiple Choice

Kanmore produces and sells three products.Last month's results are as follows: Fixed costs total $200,000.What is Kanmore's margin of safety? (Assume the current product mix. )

• A)$83,333.
• B)$40,000.
• C)$460,000.
• D)$115,385.

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Definitions:

Analytical Intelligence

Analytical intelligence, a component of general intelligence, involves the ability to analyze, evaluate, judge, compare, and contrast information.

Stanford-Binet

An intelligence test designed to assess cognitive abilities across a wide age range, used to calculate an intelligence quotient (IQ).

Practical Intelligence

Refers to the ability to solve everyday problems through the use of experience-based knowledge.

Educators' Biased Judgments

The influence of personal prejudices or preferences by teachers or instructors in evaluating student performance.