Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 16, 2024

A company has total fixed costs of $151200 and a contribution margin ratio of 25%. What level of much sales are necessary to break even?

image text in transcribed

A company has total fixed costs of $151200 and a contribution margin ratio of 25%. What level of much sales are necessary to break even? $567000 $113400 $604800 $37800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Sector Accounting And Auditing In EuropeThe Challenge Of Harmonization

Authors: I. Brusca, E. Caperchione, S. Cohen, F Manes Rossi

3rd Edition

1137461330, 9781137461339

More Books

Students also viewed these Accounting questions

Question

★★★★★

Why would someone consider how broadly or narrowly the relevant market is considered to be so critical to the results when HHI values are used to evaluate mergers?

Answered: 1 week ago

Question

★★★★★

Given sales revenue of $200,000, how can it be determined whether or not $200,000 cash was received from customers?

Answered: 1 week ago

Question

★★★★★

6.37 Symmetric binomial Construct a graph similar to that in Figure 6.1 for each of the following binomial distributions: a. n = 4 and p = 0.50. b. n = 4 and p = 0.30. c. n = 4 and p = 0.10. d. Which...

Answered: 1 week ago

Question

★★★★★

Jaquar Mining and Manufacturing Company leases from Emory Leasing Company three machines under the following terms. Machine 1: Lease period10 years, beginning April 1, 2005; lease payment$18,000 per...

Answered: 1 week ago

Question

★★★★★

i need part d, please solve! 2) In the first-order, isothermal, aqueous-phase reaction AB, the half-life of A is 1000 s. A conversion of 90% is expected to minimize waste. It is desired to process...

Answered: 1 week ago

Question

★★★★★

Question 3 Farmers Alliance is evaluating an investment proposal to manufacture product DD3 which requires an investment in new machinery. It has performed well in test marketing trials conducted...

Answered: 1 week ago

Question

★★★★★

Zach has worked in the pizza business for ten years. He is tired of working for others and now wishes to start his own pizza restaurant. Zach created a corporation called Zach's Pizza. Wanting to...

Answered: 1 week ago

Question

★★★★★

1.When a bank customer deposits $1,000 into her checking and $1,000 into her savings and there is a reserve requirement ratio of 5%, how is this recorded in the bank's balance sheets? Group of answer...

Answered: 1 week ago

Question

★★★★★

What does mentoring provide that supervision does not? Mentoring involves meeting compliance standards and supervision does not. Mentoring involves a level of discourse that goes beyond supervision...

Answered: 1 week ago

Question

★★★★★

Explain the causes of indiscipline.

Answered: 1 week ago

Question

★★★★★

Which of these is not a way that organizations can develop ways to become more innovative? a. Promote a culture that encourages risk-taking b. Spending money on research & development c. Empowering...

Answered: 1 week ago

Question

★★★★★

What typical avenues are open to an employee who feels he or she is being harassed, in order to make sure it is dealt with properly?

Answered: 1 week ago

Question

★★★★★

1. Success or failure of managers in foreign invest-ment locations is critical to success or failure of the project. Based on your research, what influences a managers willingness to work in foreign...

Answered: 1 week ago

Question

★★★★★

2. What is the hassle factor and how can it be used by organizations?

Answered: 1 week ago

Previous Question Next Question