Please help me with this question general Accounting Last year, Evergreen Manufacturing earned an operating incomeof $35,600 with a contribution margin ratio of 0.40. Actualrevenue was $356,000. Calculate the total fixed cost.

Step 1: Define Fixed CostsFixed costs are business expenses that remain constant regardless of…

Answered: Last year, Evergreen Manufacturing…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2CMA

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Last year, Evergreen Manufacturing earned an operating income of $35,600 with a contribution margin ratio of 0.40. Actual revenue was $356,000. Calculate the total fixed cost.