Multiple Choice
XYZ Company's sales are $750,000 with operating profits of $130,000.If the contribution margin ratio is 40%,what did the fixed costs amount to?
A) $370,000.
B) $300,000.
C) $270,000.
D) $170,000.
E) $130,000.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q20: KR Sales had $1,200,000 in sales last
Q22: A company's break-even point will not be
Q46: Acme Sales has two store locations.Store A
Q58: The average selling price is $.60 per
Q60: The number of T-shirts Donnelly Corporation must
Q61: Barnes Corporation manufactures skateboards and is in
Q62: Given the following information: What would expected
Q65: If Donnelly Corporation wishes to earn $22,500
Q67: Kator Inc.manufactures industrial components.One of its products
Q160: Break-even analysis assumes that over the relevant