Ramser Co Has Total Variable Costs Equal to 40% of Sales

question 32

Multiple Choice

Ramser Co. has total variable costs equal to 40% of sales. Fixed costs are $120,000. What is the breakeven point in units?

• A) 300,000
• B) 200,000
• C) 480,000
• D) Cannot be determined

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Definitions:

Ethics Training Program

A structured educational initiative designed to teach individuals about ethical principles and how to apply them in professional and personal decision-making.

Whistle Blowing

The act of exposing any kind of information or activity deemed illegal, unethical, or not correct within an organization.

Company Credit Card

A credit card issued to employees for making authorized business expenditures on behalf of the company.

Ethical Screen

A mechanism designed to prevent conflicts of interest or ethical issues within an organization or profession by separating conflicting parties or interests.