Question
If a company has a 45% contribution margin ratio and has fixed costs of $250,000, how much sales does it need to earn a gross
If a company has a 45% contribution margin ratio and has fixed costs of $250,000, how much sales does it need to earn a gross profit of $200,000?
| $1,000,000 |
| $555,556 |
| $818,182 |
| $652,500 |
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
