Duncan had revenues of $900,000 in March.Fixed costs in March were $480,000 and profit was $60,000.Answer the following questions:
a.What was the contribution margin percentage?
b.What monthly sales volume (in dollars)would be needed to break-even?
c.What was the margin of safety for March?

Question

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The Answer of Duncan had revenues of $900,000 in March.Fixed costs in March were $480,000 and profit was $60,000.Answer the following questions:
a.What was the contribution margin percentage?
b.What monthly sales volume (in dollars)would be needed to break-even?
c.What was the margin of safety for March?

Duncan Had Revenues of $900,000 in March