When Sales Dollars Are Used as the Measure of Volume

question 1

Multiple Choice

When sales dollars are used as the measure of volume in the cost-volume-profit equation,the focus is on solving for total revenue required to break even or a target profit rather than total units.Break-Even Point in Sales Dollars equals which of the following?

• A)total contribution margin divided by total sales.
• B)unit contribution margin divided by unit sales price.
• C)total fixed costs divided by the contribution margin ratio.
• D)(sum of total fixed costs plus target profit)divided by the contribution margin ratio.

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Definitions:

Reciprocity

denotes a mutual exchange of privileges or benefits between parties, often observed in social and economic contexts.

Persuasion

The process by which one person tries to change the belief, opinion, position, or course of action of another person through argument, pleading, or explanation.

Nonverbal Communication

The process of conveying a message without the use of words, which can include gestures, body language, facial expressions, and other visual cues.

Causal Analysis

The process of identifying and evaluating the factors that cause or contribute to a specific outcome or condition.