If the Company Wants to Increase Its Total Contribution Margin

question 57

Multiple Choice

If the company wants to increase its total contribution margin by 40% in the next year,all other factors remaining the same,it will need to increase its sales by:

• A) $50,400.
• B) $67,200.
• C) $72,000.
• D) $96,000.

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Definitions:

Division Of Labor

The allocation of different parts of a manufacturing process or task to different people in order to improve efficiency.

Structuralist/Functionalist

A framework in social sciences that emphasizes the systemic interrelations and functions of social structures.

Talcott Parsons

An influential American sociologist known for his development of sociological theory, particularly regarding the role of social structures and the importance of societal equilibrium.

Fictive Kin

Close relations with people we consider “like family” but who are not related to us by blood or marriage.