If fixed cost is $50000 and contribution margin percentage is 20%, then breakeven revenue will be
A. $100,000
B. $150,000
C. $250,000
D. $225,000
Answer: Option C
Solution(By Examveda Team)
Breakeven revenue = Fixed cost ÷ Contribution margin percentage= $50000 ÷ 20% = $250,000.
This Question Belongs to Management >> Management Accounting
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