Business, 17.01.2020 23:31, emilyharper

Jeff co. sells its giant cheese wheels for $36 per wheel. the contribution margin ratio is 75% and total fixed costs are $270,000.

how many wheels must jeff sell in order to generate a profit of $54,000?

a)12,000 wheels

b)9,000 wheels

c)36,000 wheels

d)2,000 wheels

e)43,200 wheels

f)11,500 wheels

Answers: 2

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Jeff co. sells its giant cheese wheels for $36 per wheel. the contribution margin ratio is 75% and t...