Kaitlyn's Cakes Had the Following Activity for December

question 93

Multiple Choice

Kaitlyn's Cakes had the following activity for December:
Total cakes sold 23,000
Total revenues $500,000
Total fixed costs 99,000
Total variable costs 350,000
What was Kaitlyn's margin of safety, in dollars?

• A) $330,000
• B) $247,500
• C) $347,500
• D) $170,000

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Definitions:

Lewin's Approach

A model of change management developed by Kurt Lewin, characterized by the stages of unfreezing, changing, and refreezing.

Equilibrium

A state of balance or stability within a system, where competing forces or influences are equal and no changes occur without external influence.

Organizational Resistance

The opposition or pushback by members within an organization against changes or new initiatives.

Interorganizational Agreements

Interorganizational agreements are formal contracts or partnerships between different entities to pursue shared objectives or projects.