Reevis Company Has Fixed Costs of $7 500

question 132

Multiple Choice

Reevis Company has fixed costs of $7 500. Their contribution margin ratio is 20%. What is the break- even point in sales dollars?

• A)$1 500
• B)$37 500
• C)$22 000
• D)$32 750

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Definitions:

Prolactin

A hormone produced by the pituitary gland involved in milk production, reproductive functions, and immune system regulation.

Gray Matter

The grayish neurons and neural segments that are involved in spinal reflexes.

Non-myelinated Neurons

Neurons without a myelin sheath, resulting in slower transmission of nerve impulses as compared to myelinated neurons.

Glial Cells

Cells that remove dead neurons and waste products from the nervous system, nourish and insulate neurons, form myelin, and play a role in neural transmission of messages.