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:

Schachter-Singer

Two psychologists who proposed a theory of emotion, suggesting that physiological arousal is interpreted in the context of environmental cues to produce emotional experience.

Two-Factor Theory

A theory proposed by Herzberg that explains job satisfaction and motivation by categorizing workplace factors into hygiene factors and motivators.

Cognitive

Relating to mental processes such as perception, memory, thinking, and problem-solving.

Bisexual

Pertaining to a sexual orientation that involves attraction to both males and females.