Question
1.) If sales total $2,000,000 and fixed costs total $600,000 and variable costs are $850,000 of sales what the contribution margin ratio? Enter as a
1.) If sales total $2,000,000 and fixed costs total $600,000 and variable costs are $850,000 of sales what the contribution margin ratio? Enter as a whole number, for example enter 40% as 40 (no decimal place).
Your Answer:
2.) If contribution margin is 50% and fixed cost is $500,000, what is the breakeven sales dollars? Enter as a whole number (no cents).
Your Answer:
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan Wolcott
1st Edition
0471205494, 978-0471205494
