Department a in a Company Had Sales of $60,000 in the Year

question 42

Multiple Choice

Department A in a company had sales of $60,000 in the year 2012. Variables costs of sales was $30,000 and variable selling expenses were $9,000. Fixed administrative expenses were $5000. What is the contribution margin?

• A) $60,000
• B) $39,000
• C) $21,000
• D) $30,000
• E) $16,000

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Definitions:

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Self-Fulfilling Prophecy

A belief or expectation that influences actions in a way that causes the belief to become true.

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The tendency to interpret others' behaviors as having hostile intent, even when the behavior is ambiguous or benign.