If fixed cost is $65000 and contribution margin percentage for bundle is 0.575, then breakeven revenue will be
A. $113,043.48
B. $1,200,000
C. $130,000
D. $140,000
Answer: Option A
Solution(By Examveda Team)
Breakeven revenue = Fixed cost ÷ Contribution margin percentage for bundle= $65000 ÷ 0.575 = $113,043.48.
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