The formula used to find the sales revenue (sales in dollars) needed in order to break even or generate a target profit is
A) (fixed expenses + operating income) ÷ contribution margin ratio.
B) (fixed expenses + operating income) ÷ contribution margin per unit.
C) (fixed expenses - operating income) ÷ contribution margin ratio.
D) (fixed expenses - operating income) ÷ contribution margin per unit.
Correct Answer:
Verified
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