EM Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits

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EM Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits were $180,000. What sales volume does EM's need to yield a $240,000 operating profit?

a). $600,000

b). $2,020,000

c). $2,400,000

d). $2,440,000

Related Book For answer-question

Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

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Posted Date: Jan 01, 2021 12:26 PM

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EM Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits

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Construction accounting and financial management

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