Use the Following Information to Answer the Following Questions

question 39

Multiple Choice

Use the following information to answer the following Questions
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to $400,000. Current sales total 16,000 units.
-If Narchie sells 24,000 units, its safety margin will be:

• A) $200,000.
• B) $400,000.
• C) $1,000,000.
• D) $1,200,000.
• E) None of the answers is correct.

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Definitions:

Anatomical Gifts

The donation of one's organs or body tissues to medical science or to another individual in need of a transplant.

Exclusively Statutory

Pertaining to laws or regulations enacted by a legislative body, without any basis in common law or judicial interpretations.

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior, with consequences for those who break them.

Good Samaritan Act(s)

Laws designed to protect individuals who offer help and medical assistance in emergency situations from legal liability.