Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. booble, inc. has a contribution margin ratio of 52

Booble, Inc. has a contribution margin ratio of 52%. This month, sales revenue was $216,000,...

80.2K

Verified Solution

Question

Accounting

Booble, Inc. has a contribution margin ratio of 52%. This month, sales revenue was $216,000, and profit was $48,800. How much are Booble's fixed costs?

$63,520

$56,160

$112,320

$25,376

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the angles between the following pairs of vectors a 4 2 1 and 2...

Calculus
Q

What are the advantages and disadvantages of the Arthropod body plan, including the exoskleteon, open circulatory system...

Biology
Q

(1200 word report) Give an overview of the biochemical events that occur at the start point...

Medical Sciences
Q

Students were randomly selected for a study to determine if they prefer to study Spanish...

Basic Math
Q

Find a real general solution of the given system of differential equations Identify the trajectories...

Algebra
Q

Perform the indicated operation 1 3 4 9 1 3 4 9

Algebra
Q

What does Section 351 of the IRC discuss? Please explain in detail.

Accounting
Q

The tolerable deviation rate in sampling for tests of controls is __________. used...

Accounting
Q

Prepare the following adjusting entries at August 31 for Walgreens. (a) Interest on notes payable...

Accounting
Q

[The following information applies to the questions displayed below.] Forten Company's current year income statement,...

Accounting
Q

oceanside company issued long-term debt of 360 paid dividends of 20 and issued capitol stock...

Accounting
Q

1. For a company that uses process costing, Processing Department C had the following information...

Accounting