Solved

Beta Corp Has a 45% Contribution Margin Ratio on All Units

Question 96

Multiple Choice

Beta Corp. has a 45% contribution margin ratio on all units they sell. The company would like to make a profit of $20,000. Fixed costs are $70,000. What must Beta earn in sales revenue?


A) $136,000
B) $163,636
C) $200,000
D) $225,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q91: Which of the following costs would LEAST

Q92: Exhibit 21-6 The graph below illustrates various

Q93: Contribution margin is equal to:<br>A) Revenues -

Q94: The following information has been compiled by

Q95: Total contribution margin will increase in a

Q97: A firm's per-unit contribution margin is $30,

Q98: When all other factors remain constant, which

Q99: Which of the following is true of

Q100: Given the equation $500X = $300X +

Q101: An example of a stepped fixed cost