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Author Question: If the contribution margin ratio is 32%, target operating income is $60,000, and the sales revenue ... (Read 55 times)

ts19998

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If the contribution margin ratio is 32%, target operating income is $60,000, and the sales revenue needed to achieve the target operating income is $400,000, what are total fixed expenses?
◦ $188,000
◦ $19,200
◦ $68,000
◦ $128,000


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Marked as best answer by ts19998 on Jan 5, 2020

smrerig

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ts19998

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Reply 2 on: Jan 5, 2020
Excellent


Jsherida

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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