The Contribution Margin Ratio Is 25% for Grain Company and the Break-Even

Question 101
Multiple Choice

The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $200,000.If Grain Company's target operating profit is $60,000,sales would have to be: A)$260,000. B)$440,000. C)$280,000. D)$240,000.