Fixed Costs of $15,750 Divided by the Contribution Margin Ratio

question 105

True/False

Fixed costs of $15,750 divided by the contribution margin ratio of 50% would yield the dollar amount of breakeven sales as $31,500.

---

Definitions:

Effective Performers

Individuals who consistently achieve their goals and make significant contributions to organizational success through high levels of productivity and quality of work.

Job-Related Items

Specific tasks or duties associated with a particular job, or elements that are directly connected to the performance of work in a given position.

Critical Incidents

In the context of HR and organizational behavior, these are significant actions or events that contribute decisively to an organization's success or failure.

Task-Analysis Inventory

A detailed analysis or listing of all the tasks performed in a particular job, used for training or job design purposes.