Warsaw co has 40000 sales of a product with a contribution


Question - Warsaw Co. has $40,000 sales of a product with a contribution margin ratio of 60% and fixed costs of $10,000. If the contribution margin ratio goes down to 45% and fixed costs stay the same, what level of sales is required to keep the same net income from the product?

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Accounting Basics: Warsaw co has 40000 sales of a product with a contribution
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