Answered

IDNLearn.com provides a user-friendly platform for finding and sharing accurate answers. Get thorough and trustworthy answers to your queries from our extensive network of knowledgeable professionals.

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 :

Paulaortizpo777idn

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.

Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Find precise solutions at IDNLearn.com. Thank you for trusting us with your queries, and we hope to see you again.