Better Bonds Provided the Following Data -Refer to the Figure

question 131

Multiple Choice

Better Bonds provided the following data:
$$\begin{array} { l r } \text { Sales } & \$ 540,000 \\\text { Variable costs } & \$ 378,000 \\\text { Fixed costs } & \$ 120,000 \\\text { Expected production and salesin units } & 40,000\end{array}$$
-Refer to the Figure.How many sales in dollars are needed to generate a profit of $30,000?

• A)$100,000
• B)$150,000
• C)$214,286
• D)$500,000

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Definitions:

Confidence Interval

A series of numbers, derived from analyzing a sample, assumed to encircle the value of a concealed population parameter.

Credit Card Customers

Individuals or entities that have been issued a credit card by a financial institution.

Sampled

The process of selecting a subset of individuals, items, or data from a population to estimate the characteristics of the whole population.

Lower Limb

Refers to the part of the body extending from the hip to the toes, including the thigh, leg, and foot.