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:

Environmental Factors

External elements such as climate, geography, and pollution that can influence living organisms and their development.

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A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by developmental and intellectual delays.

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A genetic disorder characterized by the body's inability to break down the amino acid phenylalanine, leading to harmful levels in the body.

Phenylalanine

An essential amino acid important in the biosynthesis of proteins.