The Selling Price of a Widget Is $15 and the Fixed

question 46

Multiple Choice

The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the contribution margin rate.

• A) 30%
• B) 40%
• C) 50%
• D) 60%
• E) 70%

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Definitions:

Brown Macules

Flat, brown spots on the skin often resulting from sun exposure, aging, or genetic factors, usually harmless but sometimes cosmetically concerning.

Extraocular Muscles

The muscles outside the eye that control eye movements.

CNs III, IV, VI

The oculomotor (III), trochlear (IV), and abducens (VI) cranial nerves, which control eye movements and pupil constriction.

Cataracts

A medical condition where the lens of the eye becomes progressively opaque, resulting in blurred vision.