Abco bread sells a box of bagels with a contribution margin

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Abco Bread sells a box of bagels with a contribution margin of 62.5%. Its fixed costs are $150,000 per year. How much sales dollars does Abco Bread need to break-even per year if bagels are its only product?

a. $93,750

b. $150,000

c. $240,000

d. $90,000

Reference no: EM13453796

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