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question 32
question 32
Multiple Choice

1 Nadia Adams 11 Linda Brescia

2 Timothy Ames 12 Glenn Cave

3 Nancy Ames 13 Charies Criscione

4 Quinn Ardillo 14 AmyJo Domest
5 Waither Barreca 15 Joyce East

6 Anita Bentham 16 Robert Joseph

7 Betty Berry 17 Alexis Lagana

8 Carol Bleecher 18 Gray Lanze

9 Fritz Bohlen 19 Marcia Mackay

10 William Branicky 20 Anthony Maitland

In the list above, what are the names of the strata?

Definitions:

Contribution Margin Ratio

The percentage of each sale that contributes to covering fixed costs after variable costs have been paid.

Fixed Costs

Costs that do not vary with production level, such as rent, insurance, and salaries of administrative staff.

Variable Costs

Expenses that change directly and proportionally with the level of production or sales volume, such as raw materials and direct labor.

Break-Even Point

The level of sales at which total revenues equal total costs, resulting in zero profit.