A Company's Contribution Margin Ratio Is 8

question 54

Multiple Choice

A company's contribution margin ratio is 8%. Fixed costs are $2,400 per month. How much sales revenue is needed to break even?

• A) $28,000
• B) $36,000
• C) $32,000
• D) $30,000

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Definitions:

Social Affiliation

The process of connecting or associating with others in a social context, often for mutual benefit or comfort.

Treat Newborns

The medical and care practices involved in ensuring the health and well-being of newly born infants.

Cost

The expenditure of resources, such as money, time, or effort, incurred in the pursuit or acquisition of goods, services, or outcomes.

Benefits

Advantages or positive effects that are derived from a particular action or policy.