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If Fixed Costs Are $650,000 and the Unit Contribution Margin

question 195

True/False

If fixed costs are $650,000 and the unit contribution margin is $30, the sales necessary to earn an operating income of $30,000 are 14,000 units.


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A business that purchases goods or services with the intention of selling them to others, rather than consuming or using them.

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A U.S. government agency responsible for managing and supporting the basic functioning offices of the federal government, including procurement and property management.

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A hybrid electric vehicle produced by Chevrolet, known for its ability to run on both electricity and gasoline.

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