Question: If the contribution margin ratio is 40% and total fixed costs are $120,000, how much revenue must be generated to breakeven? None of these is

If the contribution margin ratio is 40% and total fixed costs

If the contribution margin ratio is 40% and total fixed costs are $120,000, how much revenue must be generated to breakeven? None of these is correct $300,000 $600,000 $480,000

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