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Accounting help please The following is Addison Corporation's contribution format income statement for last month The company has no beginning or ending inventories. A total

Accounting help please image text in transcribed
The following is Addison Corporation's contribution format income statement for last month The company has no beginning or ending inventories. A total of 20,000 were produced and sold last month. What is the company's contribution margin ratio? a. 250% b. 150% c. 70% d. 30% The contribution margin ratio is 30% for the Honeyville Company and the break-even point in sales is $150,000. If the company's target net operating income is $60,000, fixed coats would have to be: a. $20,000 b. $45,000 c. $25,000 d. $21,000

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