The Following Is Addison Corporation's Contribution Format Income Statement for Last

question 80

Multiple Choice

The following is Addison Corporation's contribution format income statement for last month:

$\begin{array} { | l | r | } \hline \text { Sales } & \$ 1,000,000 \\\hline \text { Less: variable expenses } & \underline { 700,000 } \\\hline \text { Contribution margin } & 300,000 \\\hline \text { Less: fixed expenses } & \underline { 180,000 } \\\hline \text { Operating income } & \$ 120,000 \\\hline\end{array}$ The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.

-What is the company's break-even in units?

• A) 20,000 units.
• B) 0 units.
• C) 18,000 units.
• D) 12,000 units.

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Definitions:

Primary Control

The ability to directly influence one's environment or circumstances to bring about desired outcomes.

Job Stress

The harmful physical and emotional responses that occur when the requirements of a job do not match the capabilities, resources, or needs of the worker.

Corporate Managers

Individuals in charge of directing and overseeing the operations and strategies of corporations.

Poverty

A condition where individuals or communities lack the financial resources to meet basic needs such as food, shelter, and healthcare.