Roland Had Revenues of $600,000 in March

question 19

Essay

Roland had revenues of $600,000 in March.Fixed costs in March were $200,000 and profit was $40,000.Answer the following questions:
a.What was the contribution margin percentage?
b.What monthly sales volume (in dollars)would be needed to break-even?
c.What sales volume (in dollars)would be needed to earn $150,000?

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Definitions:

Extended Families

A family that extends beyond the nuclear family to include grandparents, aunts, uncles, and other relatives, often living close to or with each other.

Industrialized Societies

Societies characterized by a high level of industrial development, with significant reliance on manufacturing and technology for economic and social organization.

Unmarried Couple Households

Living arrangements where two partners live together without being legally married.

Perspectives

Different ways of viewing or approaching an issue or concept, influenced by individual experiences, knowledge, and backgrounds.