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:

Behaviour Change

refers to the process of modifying human actions, habits, or reactions, often aimed at improving health or adopting healthier lifestyles.

Study Group

A small group of individuals who come together for the purpose of learning or studying a particular subject or preparing for exams.

Termination Stage

The final phase of a process, relationship, or patient care plan where the objectives have been achieved or the process is concluded.

Epp Report

A significant document or study, potentially relating to a specific field or issue, which requires further context to accurately define.