menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 6: Cost-Volume-Profit Analysis
  5. Question
    Harvest Corp
Solved

Harvest Corp

Question 23

Question 23

Multiple Choice

Harvest Corp.has a contribution margin ratio of 30%,fixed costs of $45,000,and a profit of $60,000.What are total sales?


A) $31,500
B) $105,000
C) $150,000
D) $350,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Ironwood Inc.has a variable cost ratio of

Q19: Roland had revenues of $600,000 in March.Fixed

Q20: Which of the following statements is correct

Q21: The target sales level equals fixed costs

Q22: The formula for target units is:<br>A)(Total fixed

Q24: Duncan had revenues of $900,000 in March.Fixed

Q25: Fountain Corp.has a selling price of $15

Q26: Degree of operating leverage is calculated as:<br>A)profit

Q27: Holly Inc.sells a single product for $40.Variable

Q28: Frontier Corp.sells units for $50,has unit variable

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines