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A company had revenues of $462,000 in March. Fixed costs in March were $281,520, and profit was $37,260. Required: a. What was the contribution margin
A company had revenues of $462,000 in March. Fixed costs in March were $281,520, and profit was $37,260. Required: a. What was the contribution margin ratio? b. What monthly sales volume (in dollars) would be needed to break even? c. What was the margin of safety for March? Complete this question by entering your answers in the tabs below. What monthly sales volume (in dollars) would be needed to break even? A company had revenues of $462,000 in March. Fixed costs in March were $281,520, and profit was $37,260. Required: a. What was the contribution margin ratio? b. What monthly sales volume (in dollars) would be needed to break even? c. What was the margin of safety for March? Complete this question by entering your answers in the tabs below. What was the margin of safety for March? A company had revenues of $462,000 in March. Fixed costs in March were $281,520, and profit was $37,260. Required: a. What was the contribution margin ratio? b. What monthly sales volume (in dollars) would be needed to break even? c. What was the margin of safety for March? Complete this question by entering your answers in the tabs below. What was the contribution margin ratio
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