Multiple Choice
ABC Bread sells a box of bagels with a contribution margin of 62.5%.Its fixed costs are $150,000 per year.How many sales dollars does ABC Bread need to break even per year if bagels are its only product?
A) $93,750
B) $150,000
C) $240,000
D) $90,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: Use the following information for items
Q16: Select the correct statement concerning the cost-volume-profit
Q17: A major benefit of using a contribution
Q18: Use the following information for items <br>Ed
Q19: What aspect of business would have the
Q21: To which function of management is CVP
Q22: The break-even point<br>A)is the point at which
Q23: Which of the following is the correct
Q24: Which one of the following describes the
Q25: Which one of the following is true