If Total Fixed Costs Are $455,000,the Contribution Margin Per Unit

question 167

Multiple Choice

If total fixed costs are $455,000,the contribution margin per unit is $25.00,and targeted operating income is $25,000,how many units must be sold to breakeven?

• A)11,375,000
• B)19,200
• C)18,200
• D)625,000

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Definitions:

Empirical Support

Evidence-based confirmation or backing that comes from observation, experimentation, or direct experience rather than from theory or belief.

Myers-Briggs Type Indicator

A personality assessment that categorizes individuals into 16 distinct personality types based on preferences in perception and judgment.

Corporations

Large companies or groups of companies authorized to act as a single entity and recognized as such in law.

Lexical Hypothesis

suggests that all important personality traits are embedded in our language over time, implying that by studying language, one can derive significant personality dimensions.