Martin Worldwide Sells a Single Product with a Contribution Margin

question 4

Multiple Choice

Martin Worldwide sells a single product with a contribution margin of $12 per unit and fixed costs of $24,000.How much is Martin's break-even point?

• A)2,500 units
• B)$12,000
• C)$24,000
• D)2,000 units

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Definitions:

Semantics

The branch of linguistics and logic concerned with meaning, including the relationships between words, phrases, signs, and symbols and what they stand for.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, especially the arrangement of words and phrases.

Morphemes

The minimal linguistic elements that convey meaning in any language.

Generative

Capable of producing or creating something new or different.