Tykee Company Has the Following Data: Variable Costs Are 75

question 17

Multiple Choice

Tykee Company has the following data: Variable costs are 75% of the unit selling price.
The contribution margin per unit is $400.
The fixed costs are $600,000.
Which of the following expresses the break-even point in dollars?

• A).25 x 600,000 = X
• B)600,000 ÷.75 = X
• C)($600,000 ÷ $400)x .75 = X
• D)$600,000 ÷ .25 = X

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Definitions:

Proposition

A pronouncement or avowal that reveals a conviction or evaluation, with the possibility of being right or wrong.

S are P

A logical structure indicating a relationship where "S" represents the subject and "P" the predicate, asserting that the subject belongs to the predicate category.

Venn Diagram

A diagrammatic representation used in set theory and logic to depict the relationships between sets through overlapping circles or shapes.

Universal Proposition

A categorical proposition that makes an assertion about all members of the class designated by its subject term (A and E).