Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
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A company has total fixed costs of $180,000 and a contribution margin ratio of 30%. How much sales are necessary to break even? a) $540,000 b) $600,000 c) $54,000 d) $126,000
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