If the Fixed Costs Are $2,400,targeted Operating Profits Is $1,200,selling

question 122

True/False

If the fixed costs are $2,400,targeted operating profits is $1,200,selling price per unit is $2,and the contribution margin ratio is 40%,then the required sales volume is 9,000 units.

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Definitions:

Point of Decision

A critical moment when a choice is made that influences outcomes.

Cost-effective

Denoting an initiative or method that achieves the desired outcome without excessive expenditure, ensuring efficient use of resources.

Behavior Change

A process or method to alter or improve individual or collective habits, actions, or patterns.

Poverty Rate

The percentage of the population living below the national poverty line, measuring the proportion of people with income less than what is needed for basic living standards.