22) Which of the following expressions can be used to calculate break-even sales revenuewith the contribution-margin ratio (CMR)?A) CMR x fixed costsB) (Sales revenae - variable costs)+CMRO Fixed costs - CMR.D) CMR - fixed costs.E) (Fixed costs + variable costs) x CMR.

Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Which of the following expressions can be used to calculate brcak-even sales revenue with the contribution-margin ratio (CMR)? A) CMR - fixed costs B) (Sales revenae-variable costs) CMR OFixed costs -CMR. D) CMR - fixed costs E (Fixed costs variable costs) CMR.

Which of the following expressions can be used to calculate brcak-even sales revenue with the contribution-margin ratio (CMR)? A) CMR - fixed costs B) (Sales revenae-variable costs) CMR OFixed costs -CMR. D) CMR - fixed costs E (Fixed costs variable costs) CMR.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

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22) Which of the following expressions can be used to calculate break-even sales revenue
with the contribution-margin ratio (CMR)?
A) CMR x fixed costs
B) (Sales revenae - variable costs)+CMR
O Fixed costs - CMR.
D) CMR - fixed costs.
E) (Fixed costs + variable costs) x CMR.

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