Sales Are $60,000 and Variable Costs Are $45,000

question 94

Multiple Choice

Sales are $60,000 and variable costs are $45,000.How much is the contribution margin ratio?

• A)75%
• B)50%
• C)25%
• D)Cannot be determined without more information.

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Definitions:

Psychoanalytic Theory

This theory, developed by Sigmund Freud, suggests that human behavior is influenced by unconscious motives, desires, and early childhood experiences.

Id

The Id is the part of the personality in Freudian psychoanalysis that contains innate biological instincts and urges, operating on the pleasure principle.

Personality

This refers to the individual differences in characteristic patterns of thinking, feeling, and behaving.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.