Question: Question 3 if fixed cost is $45,000 and contribution margin ratio is 40%, break even point in sales $ will be: O a. 118,000 O

Question 3 if fixed cost is $45,000 and contribution margin ratio

Question 3 if fixed cost is $45,000 and contribution margin ratio is 40%, break even point in sales $ will be: O a. 118,000 O b. 132,200 O c. 122,750 O d. 112,500

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:

PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break- Even Point (LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company...

Q:

Please answer the attached file. Thanks in advance. Pedro Company provides the following information about its product: Targeted operating income $50,000 Selling price per unit 6.00 Variable cost per...

Q:

Please help me with the following questions. you are required to submit supporting calculations on all questions that require calculations. Some questions do not require calculations. If a question...

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:

Cry Methwood Company manufactures basketbols The company has the for 25. Apresent the racundina mall plantelor de labor workers. Thus, vt expenses oreion 515.00 petal of which one boost Last year the...

Q:

am B-5 Problems Nothwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball Ils manufactured In a small plant that reltes heavity on direct labor...

Q:

1. The ratio of fixed expenses to the contribution margin ratio is the a. indifference point. b. break-even point in units. c. fixed cost ratio. d. break-even point in sales. e. sensitivity analysis....

Q:

ACC 201, Cost and Management Acco... 1. ABC FIRM manufactures and sells a single product. This product has the following operational data: Unit sales price.... $30 Variable manufacturing cost per...

Q:

Which theory of motivation do you think is most applicable in describing the United Ways use of training? Explain.

Q:

Clayton Industries sells medical equipment worldwide. On March 1 of the current year, the company sold equipment, with a cost of $160,000, to a foreign customer for 200,000 Euros payable in 60 days....

Q:

When does a company recieve money from the purchase of stock

Q:

Which customers love to free ride? Business - to - Consumer Business - to - Business Online Business Wholesale

Q:

Realize why institutional and cultural contexts may influence the adoption and implementation of age-diverse HRM practices within the workplace.

Q:

What are the core cultural characteristics of HRM practices in Korea? How would you compare them to those of your own country?

Q:

What challenges do you anticipate following Company As recent changes to its practices for selecting and developing senior leaders?