A company's contribution margin ratio is 8%. Fixed costs are $2 400 per month. How much sales revenue is needed to break even?
A) $32 000
B) $28 000
C) $30 000
D) $36 000
Correct Answer:
Verified
Q68: If a company reduces its fixed costs,the
Q82: If fixed costs go up and all
Q87: If fixed costs go up and all
Q92: Which of the following statements is CORRECT
Q92: If variable costs go up, and all
Q94: Which of the following statements is CORRECT
Q96: Chambers Company sells glass vases at a
Q99: A company's product sells for $240 per
Q100: A company's product sells for $240 per
Q122: If variable costs go down,and all other
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents