If the Unit Sales Price Is $12,variable Costs Are $6

question 75

Multiple Choice

If the unit sales price is $12,variable costs are $6 per unit and fixed costs are $26,000 what is the contribution margin ratio per unit?

• A)40%
• B)50%
• C)60%
• D)70%

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Definitions:

Physiological

Physiological pertains to the functions and processes that occur within living organisms, providing a basis for understanding physical and biological needs.

Victor Vroom

Victor Vroom is known for his work on expectancy theory, which suggests that individual motivation is influenced by expected outcomes and the value placed on those outcomes.

Expectancy Theory

A motivational theory suggesting that individuals are motivated to perform or behave in a certain way if they believe that their actions will lead to a desired outcome.

Employee Motivation

The array of internal and external factors that stimulate workers to take actions towards achieving personal and organizational goals.