Question: If monthly fixed costs are $38,000 and the contribution margin ratio is 40%, the monthly sales volume required to break even is: $95,000. $53,200. $15,200.

If monthly fixed costs are $38,000 and the contribution margin ratio is 40%, the monthly sales volume required to break even is:

$95,000.
$53,200.
$15,200.
$110,200.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

(10pt) Suppose that you know a MAC value X and the key K that was used to compute the MAC, but you do not know the original message. (a) (8pt) Show that you can construct a message M that also has...

Q:

I have attached the corresponding lessons for assignment 8, it usually includes practice problems at the bottom that look similar to the assignment. ASSIGNMENT 7 JOB ORDER COSTING Directions: After...

Q:

I have attached the corresponding lessons for assignment 8, it usually includes practice problems at the bottom that look similar to the assignment. ASSIGNMENT 7 JOB ORDER COSTING Directions: After...

Q:

I have attached the corresponding lessons for assignment 8, it usually includes practice problems at the bottom that look similar to the assignment. ASSIGNMENT 7 JOB ORDER COSTING Directions: After...

Q:

Name two competitors of Tootsie Roll? Compare and contrast the market caps of the two competitors named above with Tootsie Roll Consider each expense on Tootsie Rolls income statement. Is this...

Q:

the most likely relevant facility-level cost driver for 19. Why is identification of a relevant range important? Choose all correct answers. a. It is required under GAAP. b. Cost behavior outside of...

Q:

Taking on a responsibility you know can be better completed by someone else would violate the ethical conduct standard of: competency. confidentiality. credibility. integrity. Question 2 Which term...

Q:

Chapter 8 13. A company's selling and administrative expense budget is based on budgeted unit sales, which are 8,000 units for January. The variable selling and administrative expense is $1.00 per...

Q:

I have three assignments that I need your help with. Please provide answers to study guide on answer sheet. Thank you in advance. E20-19 Determining fixed cost per unit Learning Objective 1 90 units...

Q:

I did the first half of this, can I recieve help with the second half of this? This is the beginning of the first part that was not provided. I'm providing it now. INPUT SECTION SALES 4th Quarter...

Q:

I did the first part of this, can I recieve help with the second part of it. I provided all the needed information to complete. I've had previously posted this and a chegg member helped me with 4...

Q:

If input data are entered into the system completely and accurately, then the information system control goals of ensuring update completeness and of ensuring update accuracy will be automatically...

Q:

Suppose you need to sample the concentration of a chemical in a production process that goes on continuously 24 hours per day, 7 days per week. You need to generate a random sample of six...

Q:

What does the TIPS market help us measure? market based levels of expected inflation credit risk of the US government foreign exchange risk default probabilities

Q:

\f

Q:

1. LaunchPad for Real Communication offers key term videos and encourages selfassessment through adaptive quizzing. Go to bedfordstmartins.com/realcomm to get access to: LearningCurve Adaptive...

Q:

3. For an interesting look at conflict and debate, you need not search further than the U.S. Congress. Debates on the floor of the Senate and House of Representatives are broadcast on C-SPAN and...

Q:

2. Identify conflict triggers in yourself and others