Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

A firm's products have an average contribution margin ratio of 40%, which will be maintained for the next month even though fixed expenses are expected to rise by $20,000. In order to keep operating income for the month from being affected, revenues will have to increase by:

Sagot :

paulaortizpo777

Answer:

$50,000.

Explanation:

A firm's products have an average contribution margin ratio of 40%, which will be maintained for the next month even though fixed expenses are expected to rise by $20,000. In order to keep operating income for the month from being affected, revenues will have to increase by: $50,000.

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.