If the Contribution Margin Is $10, the Selling Price Per

question 84

Multiple Choice

If the contribution margin is $10, the selling price per unit is $25 and the fixed costs are $45 000, to earn a targeted net profit of $50 000 the total dollar value of sales must be at least

• A) $10 000.
• B) $112 500.
• C) $122 500.
• D) $237 500.

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Definitions:

Impersonal

Lacking warmth or personality; not influenced by, showing, or involving personal feelings.

Group Values

Shared beliefs or standards that guide the behaviors and decisions of a collective or group.

Outnumbered

Being in a situation where one group or individual is significantly less in number compared to another group or individuals.

Changing

Refers to the process or act of making or becoming different.