Solved

Lake Sales Had $2,200,000 in Sales Last Month

Question 158

Multiple Choice

Lake Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits were $180,000.
-What is Lake's break-even sales volume?


A) $660,000.
B) $1,540,000.
C) $1,600,000.
D) $2,020,000.

Correct Answer:

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