A company has total fixed costs of $240000 and a contribution margin ratio of 30%. The total sales necessary to break even are O $200000. O $800000. O $312000. O $560000.
A company has total fixed costs of $240000 and a contribution margin ratio of 30%. The total sales necessary to break even are O $200000. O $800000. O $312000. O $560000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A company has total fixed costs of $240000 and a
contribution margin ratio of 30%. The total sales necessary
to break even are
O $200000.
O $800000.
O $312000.
O $560000.
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