Colin Was a Professional Classical Guitar Player Until a Motorcycle

question 114

Multiple Choice

Colin was a professional classical guitar player until a motorcycle accident left him disabled.After long months of therapy,he hired an experienced luthier and started a small shop to make and sell Spanish guitars.The guitars sell for $700 and the fixed monthly operating costs are as follows: Colin's accountant told him about contribution margin ratios and he understood clearly that for every dollar of sales,$0.75 went to cover his fixed costs,and that anything past that point was pure profit.
Colin wishes to earn $5,100 of operating profit each month.Calculate the amount of sales revenue required to achieve the target profit.

• A)$37,164
• B)$9,054
• C)$12,388
• D)$10,133

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Definitions:

Glycerin

A simple polyol compound often used in pharmaceutical formulations, foods, and personal care products for its moisturizing and emollient properties.

Skeletal Muscle Fibers

Long, cylindrical cells that make up skeletal muscles, responsible for voluntary body movements.

A Band

The dark area in the sarcomere of a muscle fiber, consisting of thick myosin filaments alongside partially overlapping thin actin filaments.

Myofibril

A basic rod-like unit of a muscle cell, which is essential in the process of muscle contraction and made up of sarcomeres.