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If the Contribution Margin Ratio Is 0

question 14

Multiple Choice

If the contribution margin ratio is 0.60, targeted operating income is $50,000, and fixed costs are $75,000, then sales volume in dollars is ________. (Round the final answer to the nearest dollar.)


Definitions:

Pneum/o

A prefix used in medical terms related to the lungs or air, such as in pneumonia (infection of the lungs).

Combining Form

A word root to which a vowel is added, used in constructing scientific and medical terms.

Xer/o

A prefix in medical terminology meaning dry, often used to describe conditions of dryness in the body.

Hem/o

A prefix related to blood, used in medical terminology.

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