Question
Roberts Company has fixed costs of $10,000. Their contribution margin ratio is 40% and ratio of selling expenses to sales is 20%. What is the
Roberts Company has fixed costs of $10,000. Their contribution margin ratio is 40% and ratio of selling expenses to sales is 20%. What is the breakeven point in sales dollars?
A) $50,000
B) $25,000
C) $4,000
D) $2,000
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
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