Ribco Co Makes and Sells Only One Product

question 17

Multiple Choice

Ribco Co. makes and sells only one product. The unit contribution margin is $6 and the break-even point in unit sales is 24,000. The company's fixed costs are:

• A) $4,000.
• B) $14,400.
• C) $40,000.
• D) $144,000.
• E) None of the other answers is correct.

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Definitions:

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Time Management Skills

The abilities involved in allocating one's time efficiently to accomplish tasks and meet goals.

Situational Stress

Stress experienced in response to a specific situation, often temporary and related to external circumstances.

Maturational Stress

Stress experienced as a result of the normal developmental processes across a person's lifespan.