Question
Roland had revenues of $617,000 in March. Fixed costs in March were $224,550 and profit was $53,100. a. What was the contribution margin percentage? b.
Roland had revenues of $617,000 in March. Fixed costs in March were $224,550 and profit was $53,100. a. What was the contribution margin percentage?
b. What monthly sales volume (in dollars) would be needed to break-even?
c. What sales volume (in dollars) would be needed to earn $174,600?
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Financial Accounting A Global Perspective
Authors: Rod Monger
1st Edition
0470518405, 978-0470518403
