Suppose the break-even point for revenue for Woolly Jumpers Inc. is $500 000. Fixed costs are $300 000. The contribution margin percentage is:

Name: Suppose the break-even point for revenue for Woolly Jumpers Inc. is $500 000. Fixed costs are $300 000. The contribution margin percentage is:
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Contribution margin percentage = (Contribution margin / Revenue) x 100= (Revenue - Fixed costs) / Revenue x 100= (500,000 - 300,000) / 500,000 x 100= 0.60

Suppose the Break-Even Point for Revenue for Woolly Jumpers Inc