Question
Roland had revenues of $602,000 in March. Fixed costs in March were $227,950 and profit was $54,990. a. What was the contribution margin percentage? contribution
Roland had revenues of $602,000 in March. Fixed costs in March were $227,950 and profit was $54,990. a. What was the contribution margin percentage?
contribution margin
b. What monthly sales volume (in dollars) would be needed to break-even?
break even sales volume c. What sales volume (in dollars) would be needed to earn $185,180?
total sales volume
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Financial Accounting A Concepts Based Introduction
Authors: David Kolitz
1st Edition
1138844977, 978-1138844971
