Lake Sales Had $2,200,000 in Sales Last Month

question 158

Multiple Choice

Lake Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits were $180,000.
-What is Lake's break-even sales volume?

• A) $660,000.
• B) $1,540,000.
• C) $1,600,000.
• D) $2,020,000.