Question: If the contribution margin ratio is .40, targeted net income is $50,000, and total fixed costs are $75,000, then sales volume in dollars is: a.
If the contribution margin ratio is .40, targeted net income is $50,000, and total fixed costs are $75,000, then sales volume in dollars is:
a. $250,000
b. $312,500
c. $275,000
d. $350,000
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b 312500 Computation of the Break Even point in units Brea... View full answer
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