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Booble,Inc

question 89

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Booble,Inc.has a contribution margin ratio of 45%.This month,sales revenue was $200,000,and profit was $40,000.How much are Booble's fixed costs?


Definitions:

Absorption

The process by which substances are taken up into or across tissues, such as the absorption of nutrients by the digestive system or chemicals through the skin.

Cephalosporins

A class of antibiotic drugs used to treat a wide variety of bacterial infections, operating by disturbing the synthesis of the bacterial cell wall.

Penicillins

A group of antibiotics derived from Penicillium fungi, used to treat bacterial infections.

Pharmacotherapeutics

The study of how drugs are used to treat disease; also called clinical pharmacology.

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