Payton Corp. has sales of $200,000, a contribution margin ratio of 35%, and a target profit of $40,000. If 10,000 units were sold, what are total variable costs?
A. $200,000
B. $240,000
C. $130,000
D. $160,000
Answer: C
You might also like to view...
In organizational structure, ______ deals with the physical separation of different parts of the organization.
A. horizontal differentiation B. spatial differentiation C. vertical differentiation D. complexity
Which step of the evaluation process is when the practitioner determines if data will be a series of interviews with specific individuals or an organizationwide survey, for example?
a. Client and change agent meet to review original objectives b. Practitioner determines form of evaluation c. Change agent should collect data d. Client and change agent meet to plan next steps
A seasonal index of ________ indicates that the season is average
A) 10 B) 100 C) 0.5 D) 0 E) 1
The ordinary stock of a corporation is called ____________________
Fill in the blank(s) with correct word