If Contribution Margin Is $140,000, Sales Is $300,000, and Net

question 70

Short Answer

If contribution margin is $140,000, sales is $300,000, and net income is $40,000, then variable and fixed expenses are $$\begin{array} { l l l } & \text { Variable } & \text { Fixed } \\\text { a. } & \$ 160,000 & \$ 260,000 \\\text { b. } & \$ 160,000 & \$ 100,000 \\\text { c. } & \$ 100,000 & \$ 160,000 \\\text { d. } & \$ 440,000 & \$ 260,000\end{array}$$

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Established ways of thinking or feeling about someone or something, typically reflected in a person's behavior.

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The psychological force that drives an individual to pursue goals, perform tasks, and achieve success.

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The moral choices a person makes.

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Core principles or standards that guide the behavior, decisions, and actions of an organization and its employees.