Tice Company is a medium-sized manufacturer of lamps. During the year a new line called “Horolin”…


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Tice Company is a medium-sized manufacturer of lamps. During the year a new line called “Horolin”… 1 answer below » Tice Company is a medium-sized manufacturer of lamps. During the year a new line called “Horolin” was made available to Tice”s customers. The break-even point for] sales of Horolin is $200,000 with a contribution margin of 40%. Assuming that the profit for the Horolin line during the year amounted to $100,000, total sales during the year would have amounted to: A) $300,000 B) $420,000 C) $450,000 D) $475,000 Jul 08 2014 12:37 PM

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