Question
Roland had revenues of $604,000 in March. Fixed costs in March were $235,200 and profit was $60,760. a. What was the contribution margin percentage?
Roland had revenues of $604,000 in March. Fixed costs in March were $235,200 and profit was $60,760. 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 $202,370? Total Sales Volume
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
3rd edition
978-0077826482
