Multiple Choice
A company's product sells for $240 per unit. The contribution margin ratio is 12.5%. Fixed costs run at $141,000 per month. How many dollars of sale revenue are required to break even?
A) $1,129,000
B) $1,128,000
C) $956,000
D) $1,050,000
Correct Answer:
Verified
Correct Answer:
Verified
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