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The contribution margin ratio is 30% for the Honeyville Company and the break-even point in sales is $150,000. If the company's target net operating income
The contribution margin ratio is 30% for the Honeyville Company and the break-even point in sales is $150,000. If the company's target net operating income is $60,000, sales would have to be: A. $200,000 B. $350,000 C. $250,000 D. $210,000 Can someone help explain this problem to me, I have the answer ($350,000) but have no idea how to get there with the given parts.
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