Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If fixed cost is $45,000 and contribution margin ratio is 40%, break even point in sales s wil bei a. 122,750 b. 132,200 O c.

image text in transcribed
If fixed cost is $45,000 and contribution margin ratio is 40%, break even point in sales s wil bei a. 122,750 b. 132,200 O c. 112,500 @d. 118,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Finance For Non-Finance People

Authors: Sandeep Goel

2nd Edition

0367185083, 9780367185084

More Books

Students also viewed these Accounting questions