Pecan,Inc ,Has a Contribution Margin of 50% and Fixed Costs

question 85

Multiple Choice

Pecan,Inc. ,has a contribution margin of 50% and fixed costs of $220,000.What sales revenue is needed to attain a $60,000 profit?

• A)$70,400
• B)$440,000
• C)$560,000
• D)$240,000

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Definitions:

Semantic

Relating to meaning in language or logic, particularly the relationship between signs and symbols and what they represent.

Episodic

Related to or consisting of distinct and separate parts or events, often used in the context of memory to describe personal experiences that can be explicitly stated.

Procedural

Related to processes and methods of performing tasks, often implying a sequence of actions or steps.

Short-Term Memory

A cognitive system with a limited capacity that is responsible for temporarily holding information available for processing.