Solved

A Company Has Fixed Costs of $90,000

Question 31

Multiple Choice

A company has fixed costs of $90,000. Its contribution margin ratio is 30% and the product sells for $75 per unit. What is the company's break-even point in dollar sales?


A) $60,000.
B) $128,571.
C) $180,000.
D) $210,000.
E) $300,000.

Correct Answer:

verifed

Verified

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

Related Questions