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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
If the contribution margin ratio is 45%, target operating income is $50,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?
A) $85,000
B) $135,000
C) $22,500
D) $185,000
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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#1
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8 years ago
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bernie2981 Author
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8 years ago
Thanks
jakechambo3
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Yesterday
You make an excellent tutor!
Marctheshark
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2 hours ago
Smart ... Thanks!
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