Question: Maroon Company's contribution margin ratio is 2 5 % . Total fixed costs are $ 8 8 , 7 5 0 . What is Maroon

Maroon Company's contribution margin ratio is 25%. Total fixed costs are $88,750. What is Maroons break-even point in sales dollars?
Multiple Choice
$110,938.
$88,750.
$244,062.
$22,188.
$355,000.

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!