Homework Answers
30. Break-even sales = (Fixed costs + Target profit) /Contribution margin ratio
Contribution margin ratio = (50-30)/50 = 40%
= (300,000)/40%
= 750,000
Option D is the answer
.
.
31. Total budgeted cost
= (4+2+3)*7,000 + 40,000
= 103,000
Option C is the answer
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