If the Monthly Sales Volume Required to Break Even Is

question 19

Multiple Choice

If the monthly sales volume required to break even is $190,000 and monthly fixed costs are $55,900, the contribution margin ratio is:

• A) 29%.
• B) 71%.
• C) 42.9%.
• D) 333.33%.

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Definitions:

Large Brain

Refers to species, particularly humans, that have a relatively large brain size in comparison to their body size, which is associated with higher levels of cognition and complex behaviors.

Australopithecines

An early group of hominids known for walking upright and living in Africa approximately 4 to 2 million years ago, significant in human evolutionary history.

Transitional Species

Fossilized organisms that exhibit traits common to both their ancestral group and its descendants, providing evidence for evolutionary change.

Fossil Record

The collection of all known fossils and their placement in rock formations and sedimentary layers, providing evidence of the history of life on Earth.