Question: 6 Consider the following information: CONTRIBUTION MARGIN $70,000 FIXED COSTS $50,000 Suppose the company's CM ratio is 40%. They want to break even. How much

6 Consider the following information:

CONTRIBUTION MARGIN $70,000

FIXED COSTS $50,000

Suppose the company's CM ratio is 40%. They want to break even. How much sales revenue do they need to generate?

$125,000

$175,000

$50,000

$28,000

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