Determine the break-even volume of work for a company
Response to the following problem:
Determine the break-even volume of work for a company with a fixed overhead of $138,000, a contribution margin ratio of 8.9%, and a required level of profit of $100,000.
Show all work and calculations.
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Determine the break-even volume of work for a company with a fixed overhead of $138,000, a contribution margin ratio of 8.9%.
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