Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (4,000 units)$240,000Variable expenses 156,000Contribution margin 84,000Fixed expenses 81,900Net operating income$2,100The break-even point in dollar sales is closest to:
A. $156,000
B. $0
C. $237,900
D. $234,000
Answer: D
You might also like to view...
Lars wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he knows most people enjoy them. Although he is not sure about specific products, Lars heads directly for a store selling Godiva Chocolates, because he knows this is a high-end brand. Lars can be said to have
A. brand recall. B. brand awareness. C. brand image. D. brand preference. E. aided recall.
Goodwill messages are personal communication and should be written as though two people were having a conversation.
Answer the following statement true (T) or false (F)
American Depositary Receipts (ADRs) are denominated in U.S. dollars and traded on U.S. security exchanges. but track the performance of a foreign corporation
Indicate whether the statement is true or false.
Starbucks has a star program in which individuals who have registered Starbuck's cards can gain points, called stars, for each purchase made on the card and can gain additional points on particular days including double stars on seasonal products on limited days. As points are earned, the individual becomes entitled to free food and beverages. Cardholders are notified of promotions by text or email and are sent links they can download that tell the company the individual is interested in a particular promotion. What is the objective of the Starbucks' star program?
A. To neutralize the competition's promotional efforts B. To increase traffic in its stores C. To boost sales to current customers D. To encourage trial of a new product