9. Market Sales had $1,233,000 in sales last month. The variable cost ratio was 60% and operating profits were $82,200. What is Market's break-even sales volume?

10. The contribution margin ratio is 20% for Crowne Company and the break-even point in sales is $210,000. If Crowne Company's target operating profit is $61,000, sales would have to be:

Answer rating: 100% (QA)

ANSWER IS 9 To find the breakeven sales volume we can use the formula BreakevensalesvolumeFixedcostsContributionmarginratioBreakevensalesvolumeContributionmarginratioFixedcosts ... View the full answer