The sales revenue needed to achieve the target operating


If the contribution margin ratio is 45%, target operating income is $50,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses?

A. $135,000
B. $85,000
C. $185,000
D. $22,500

Solution Preview :

Prepared by a verified Expert
Accounting Basics: The sales revenue needed to achieve the target operating
Reference No:- TGS02554843

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)