FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Maroon Company's contribution margin ratio is 27%. Total fixed costs are $98,550. What is Maroon’s break-even point in sales dollars?
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- Allen corp, has a contribution margin of 46% and fixed costs of 250,930. What is the break-even point in sales dollars?$250,930 $294,570$545,500$115,428arrow_forward19 )arrow_forwardDiamond, Inc.'s most recent contribution margin income statement shows the following: Sales @ $10 per unit Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) $160,000 (120,000) $ 40,000 (50,000) $ (10,000) If Diamond, Inc's advertising costs increased by $5,000, by how much would sales have to increase for the company to achieve an operating income of $4,000? a. $56,000 b. $42,000 c. $76,000 Od. $18,000arrow_forward
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