Contribution margin ratio-break-even point

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Reference no: EM13945430

Ritz Furniture has a contribution margin ratio of 0.10. If fixed costs are $176,500, how many dollars of revenue must the company generate in order to reach the break-even point?

Reference no: EM13945430

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Contribution margin ratio-break-even point : Ritz Furniture has a contribution margin ratio of 0.10. If fixed costs are $176,500, how many dollars of revenue must the company generate in order to reach the break-even point?

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