Question: If the contribution margin ratio is 40% and the fixed costs are $100,000, the sales needed to break even would be: a) $25,000 b) $250,000
If the contribution margin ratio is 40% and the fixed costs are $100,000, the sales needed to break even would be:
a) $25,000
b) $250,000
c) $400,000
d) $1,000,000
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