Corny and sweets grows and sales sweet corn at its roadside when they earn $1000...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Corny and sweets grows and sales sweet corn at its roadside when they earn $1000 in sales revenue, their total variable expense are $700 and their contribution margin is $300. If the total fixed costs are $275, how much sales revenue do they need to earn in order to make operating income of $205
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!