29. You have a price of $5 per unit. Your total variable costs are $1 per unit and your fixed costs are $4,000 per month. What is your contribution margin?

A. 400%

B. 500%

C. 20%

D. 80%

30. Which is NOT a personalized tool?

A. Sales promotion

B. Direct marketing

C. Personal selling

D. Business sales

31. You have a small landscaping business. You pay $5,000 per month to lease land, $2,500 per month in growing materials, and $1,000 per month on promotional materials. You also pay your landscapers $4,000 per month. What are your total fixed costs for the year?

A. $126,000

B. $150,000

C. $108,000

D. $120,000

35. You expect to sell 3,000 units of Product XYZ at $5 per unit. Your total variable costs are $3 per unit and your fixed costs are $4,000 per year. What is your expected profit (or loss) on the venture?

A. ($10,000)

B. $8,000

C. $2,000

D. ($34,000)