If the Unit Contribution Margin Is $1 and Unit Sales

question 153

True/False

If the unit contribution margin is $1 and unit sales are 10000 units above the break-even volume then net income will be $10000.

---

Definitions:

Mammals

Warm-blooded vertebrate animals characterized by the presence of mammary glands which, in females, produce milk for feeding their young.

Major Premise

The first statement in a syllogism, containing the major term that is also in the conclusion.

Syllogism

A form of deductive reasoning that consists of a major premise, a minor premise, and a conclusion, used to infer a relationship between two statements.

Hallucinogenic Drug

A substance that causes hallucinations, or perceptions and sensations that appear real but are not.