Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SunRise sells skateboards It has an annual sale f $50000 at a unit price t $100. A contribution margin ratio [revenue-variable cost/revenuel] of 10%, and
SunRise sells skateboards It has an annual sale f $50000 at a unit price t $100. A contribution margin ratio [revenue-variable cost/revenuel] of 10%, and a fixed cost of $80.000. How much revenue does SunRise need to make to break even?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started