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Blake s Bees sells local organic honey. It has a contribution margin ratio of 4 5 % . To increase production, the company is purchasing

Blakes Bees sells local organic honey. It has a contribution margin ratio of 45%. To increase production, the company is purchasing several new hives which will increase fixed costs from $200 to $500 per month. Last months operating income was $200. What amount of monthly sales revenue would be needed to keep operating income at the same level with the new hives? Round to the nearest whole dollar.
Select answer from the options below
$1,556
$3,456
$1,683
$2,463

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