Assume Total Fixed Costs of $160,000,variable Costs Per Unit of $6

question 58

Multiple Choice

Assume total fixed costs of $160,000,variable costs per unit of $6, and contribution margin per unit of $4. How many units must be sold to meet a target net income of $50,000, assuming a tax rate of 20%?

• A)55,625
• B)52,500
• C)50,000
• D)35,000

Recognize legal terms and definitions relevant to healthcare law, including but not limited to defamation, consent, and negligence.

Identify the legal obligations of healthcare professionals regarding patient privacy and confidentiality.

Recognize the significance of accurate record-keeping in the healthcare setting for legal and ethical considerations.

Distinguish between misdemeanor and felony in the context of healthcare crimes and their consequences.

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Definitions:

Product Knowledge

Detailed information about the features, benefits, and use of specific products which enables sales professionals to sell more effectively.

Leadership Styles

Describes the various approaches and methods leaders use to motivate, guide, and manage teams or organizations.

Classic Styles

Traditional or longstanding approaches or designs that have withstood the test of time in various fields such as fashion, architecture, or literature.

Fiedler's Contingency Theory

A leadership model proposing that effective leadership depends on the match between a leader's style of interacting with subordinates and the degree to which the situation gives control and influence to the leader.