Adam Was a Professional Classical Guitar Player Until His Motorcycle

question 74

Multiple Choice

Adam was a professional classical guitar player until his motorcycle accident that left him disabled.After long months of therapy,he hired an experienced luthier (maker of stringed instruments) and started a small shop to make and sell Spanish guitars.The guitars sell for $900 and the fixed monthly operating costs are as follows:

Adam's accountant told him about contribution margin ratios and he understood clearly that for every dollar of sales,$0.60 went to cover his fixed costs,and that anything past that point was pure profit.
How many guitars does Adam have to sell each month to break even?

• A)6 guitars
• B)5 guitars
• C)7 guitars
• D)8 guitars

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Definitions:

DNA Sequences

The precise order of nucleotides within a DNA molecule, determining genetic information and instructions for the development and functioning of living organisms.

Ribosomal RNA

A molecular component of ribosomes, essential for protein synthesis in all living organisms.

Molecular Systematics

The science that focuses on molecular structure to clarify evolutionary relationships.

Evolutionary History

The chronology of the development and diversification of organisms through geological time periods, determined through the study of fossils and genetic analyses.