If the Contribution Margin Is $70,000 and the Total of Variable

question 17

True/False

If the contribution margin is $70,000 and the total of variable expenses is $50,000, then total sales is $120,000.

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Definitions:

Explicit Memory

A type of long-term memory involving conscious recollection of facts and experiences.

Encoded Information

Data that has been converted into a form, code, or language that can be processed and used effectively by a person or machine.

Retrieval Failure

The inability to recall information from long-term memory, often explained by the theory of decay or interference.

Hypnotic Suggestion

A directive given during hypnosis intended to influence thoughts, behaviors, sensations, or perceptions.