During March, Adams' company had sales of 5,000,000, variable expenses of 3,000,000, and fixed expenses of 1,500,000. Assume that cost behavior and unit selling price remain unchanged during April. In order for the company to realize a net operating income of 300,000 for April, sales would have to be: _____.

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Answer I The contribution margin ratio is defined as the contribution as a percentage of sales And c... View the full answer