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bernie2981 bernie2981
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9 years ago
Kent Coffee Shoppe total sales revenue is $850,000, its variable expenses total $250,000, and its fixed expenses total $375,000. Compute the overall contribution margin ratio and use the contribution margin ratio in the shortcut formula to predict the breakeven point in dollars.

Sales revenue   $850,000
Less: Variable expenses   $250,000
Contribution margin
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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#2
9 years ago
Answers my question perfectly.
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