A Company Has Total Fixed Costs of $180,000 and a Contribution

question 49

Multiple Choice

A company has total fixed costs of $180,000 and a contribution margin ratio of 30%.How much sales are necessary to break even?

• A)$540,000
• B)$600,000
• C)$54,000
• D)$126,000

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Definitions:

Distinct Differences

Clear and distinguishable variations or dissimilarities between entities or phenomena.

Obsessive-Compulsive Disorder

A mental health disorder characterized by unwanted repeated thoughts (obsessions) and/or actions (compulsions).

Behaviour Therapy

A form of psychotherapy that focuses on changing dysfunctional behaviors through conditioning and learning techniques.

Insight Therapy

A type of psychotherapy aiming to increase a patient's understanding of the motivations underlying their thoughts, feelings, and behaviors.