The contribution margin ratio is calculated to be 20 what


Question - Caty Couture sells designer shirts for $43 per shirt. It incurs monthly fixed costs of $7,000. The contribution margin ratio is calculated to be 20%. What is the breakeven point in units?

5,600 units

163 units

814 units

131 units

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Accounting Basics: The contribution margin ratio is calculated to be 20 what
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