[The Following Information Applies to the Questions Displayed Below

question 8

Multiple Choice

[The following information applies to the questions displayed below.]
Accents Associates sells only one product,with a current selling price of $70 per unit.Variable costs are 40% of this selling price,and fixed costs are $12,000 per month.Management has decided to reduce the selling price to $65 per unit in an effort to increase sales.Assume that the cost of the product and fixed operating expenses are not changed by this reduction in selling price.
-At the reduced selling price of $65 per unit,the contribution margin ratio is: (Round the answer to one decimal place. )

• A)43.1%.
• B)56.9%.
• C)52.8%.
• D)60.0%.

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Virtual Teams

Groups of individuals who work together from different geographical locations and rely on communication technology to collaborate.

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Groups composed of members from different departments within an organization, working together towards a common goal.

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the manner in which a team operates, including its processes, interactions, and ways to achieve its goals.

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A formalized method of interviewing where all applicants are asked the same predetermined questions in the same order to ensure consistency.