Idaho Corp

question 14

Multiple Choice

Idaho Corp.has fixed costs of $20,000 and a contribution margin ratio of 50%.Currently,sales are $75,000.What is Idaho's margin of safety?

• A)$28,000
• B)$35,000
• C)$42,000
• D)$70,000

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Definitions:

Functionalist Sociologists

Scholars who analyze society in terms of its structures and their functions, focusing on how each part contributes to societal stability and cohesion.

Independent Parts

Components or elements within a system that function separately but cooperatively to achieve a common purpose.

NAACP

The National Association for the Advancement of Colored People, an organization founded in 1909 to fight for the civil rights of African Americans.

Pseudonym

A fictitious name used by an author instead of their real name, often to conceal identity or adopt a different persona in their writings.