Solved

A Company Has Total Fixed Costs of $180,000 and a Contribution

Question 49

Multiple Choice

A company has total fixed costs of $180,000 and a contribution margin ratio of 30%.How much sales are necessary to break even?

A) $540,000
B) $600,000
C) $54,000
D) $126,000

Related Questions

Q44: Niagara Winery has fixed costs of $10,000

Q45: Forms, Inc.wants to sell a sufficient quantity

Q46: Which one of the following is an

Q47: Which concept answers the following question: 'If

Q48: T'pol Corporation is considering a plan that

Q50: In which one of the following calculations

Q51: Barcelona Bagpipes produces two models: Model 24

Q52: Sulingo, Inc.calculated how many units it needed

Q53: Where is the break-even point located in

Q91: In a sales mix situation, at any