If a Product Has a Contribution Margin of 40% and Has

question 93

Multiple Choice

If a product has a contribution margin of 40% and has a price of $5.00 per unit, how many units must be sold to breakeven assuming a fixed cost of $800,000.00?

• A)1.6 million
• B)0.4 million
• C)0.6 million
• D)0.9 million

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Definitions:

Ethics

The branch of knowledge that deals with moral principles, dictating what is good for individuals and society and establishing the nature of duties that people owe to themselves and each other.

Toxic Triangle

A concept in leadership studies that outlines a combination of destructive leaders, susceptible followers, and conducive environments that lead to harmful outcomes.

Elements

Fundamental components or basic building blocks applicable to various contexts, including scientific elements, organizational dynamics, or design principles.

Ethical Behavior

Acting in ways that are consistent with societal norms and expectations for fair, honest, and moral conduct.