A Company's Product Sells for $240 Per Unit

question 10

Multiple Choice

A company's product sells for $240 per unit. The contribution margin ratio is 12.5%. Fixed costs run at $141,000 per month. How many dollars of sale revenue are required to break even?

• A) $1,129,000
• B) $1,128,000
• C) $956,000
• D) $1,050,000

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