Epex Pty Ltd Makes a Single Product

question 103

Multiple Choice

Epex Pty Ltd makes a single product. Annual fixed expenses are $48 000 and the contribution margin ratio is 30 per cent. What volume in sales dollars is necessary for Epex to achieve a target profit of $15 000?

• A) $63 000
• B) $90 000
• C) $160 000
• D) $210 000

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Definitions:

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