Question: Variable cost ratio - 80% Total fixed cost - $60,000 What volume of sales dollars is needed to break even? A) 75,000 B) 300,000 C)
Variable cost ratio - 80%
Total fixed cost - $60,000
What volume of sales dollars is needed to break even?
A) 75,000
B) 300,000
C) 48,000
D) 12,000
PLEASE SHOW HOW THE ANSWER WAS GOTTEN WITH EQATIONS
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