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    Exam 3: Fundamentals of Cost-Volume-Profit Analysis
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    EM Sales Had $2,200,000 in Sales Last Month
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EM Sales Had $2,200,000 in Sales Last Month

Question 51

Question 51

Multiple Choice

EM Sales had $2,200,000 in sales last month.The contribution margin ratio was 30% and operating profits were $180,000.What sales volume does EM's need to yield a $240,000 operating profit?


A) $600,000.
B) $2,020,000.
C) $2,400,000.
D) $2,440,000.

Correct Answer:

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