Compute the dollar amount of monthly sales fatso needs to earn $175,000 in profit (Round the contribution margin to 5 decimal places) Fixed expenses $150,000 Variable expenses $4 00 per box of candy Sells each box of candy for $7 00 ...

We need to first accumulate the target profit 1750 ...

Compute the dollar amount of monthly sales fatso needs to earn $175,000 in profit. (Round the contribution

Question:

Compute the dollar amount of monthly sales fatso needs to earn $175,000 in profit. (Round the to 5 decimal places)
Fixed expenses $150,000
Variable expenses $4.00 per box of candy
Sells each box of candy for $7.00
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...