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Franklin Company is a medium-sized manufacturer of bicycles. During the year a new line called Radical was made available to Franklin's customers. The break-even point
Franklin Company is a medium-sized manufacturer of bicycles. During the year a new line called "Radical" was made available to Franklin's customers. The break-even point for sales of Radical is $250,000 with a contribution margin ratio of 40 percent. Assuming that the profit for the Radical line during the year amounted to $80,000, total sales during the year would have amounted to:
a.$450,000
b.425,000
c.$420,000
d.$400,000
e.$475,000
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