Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fixed cost is $30000 and contribution margin percentage is 40% then breakeven revenue is $120,000 $75,000 $12,000 $175,000 Contribution margin per unit is multiplied to

Fixed cost is $30000 and contribution margin percentage is 40% then breakeven revenue is

  1. $120,000
  2. $75,000
  3. $12,000
  4. $175,000

Contribution margin per unit is multiplied to number of units sold to calculate

  1. revenue margin
  2. variable margin
  3. contribution margin
  4. divisor margin

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

Students also viewed these Accounting questions