How much sales are required to earn a target income of $80,000, if total fixed costs are $100,000 and the contribution margin ratio is 40%?
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- If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000Calculate the per-unit contribution margin of a product that has a sale price of $150 if the variable costs per unit are $40.A product has a sales price of $150 and a per-unit contribution margin of $50. What is the contribution margin ratio?