The Contribution Margin Ratio Is 25% for Grain Company and the Break-Even

question 54

Multiple Choice

The contribution margin ratio is 25% for Grain Company and the break-even point in sales is £200,000. If Grain Company's target net operating income is £60,000, sales would have to be

• A)£260,000.
• B)£440,000.
• C)£280,000.
• D)£240,000.

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