Question
The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $198,000. To obtain a target net operating income of
The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $198,000. To obtain a target net operating income of $75,000, sales would have to be: (Do not round intermediate calculations.)
A. $222,000
B. $273,000
C. $498,000
D. $285,000
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The Internal Auditing Pocket Guide Preparing Performing Reporting And Follow Up
Authors: J.P. Russell
2nd Edition
1636941303, 978-1636941301
