If Fixed Costs Are $850,000 and the Unit Contribution Margin

question 84

True/False

If fixed costs are $850,000 and the unit contribution margin is $50, profit is zero when 15,000 units are sold.

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Definitions:

Over-time

Additional hours worked beyond the standard workweek, typically compensated at a higher pay rate.

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Weaknesses

Attributes or areas that require improvement to reach desired goals or to maintain competitiveness.

Strategy

A high-level plan or set of actions designed to achieve long-term or overall goals under conditions of uncertainty.