Martol, Inc has fixed costs of $200,000 and a contribution margin ratio of 40 How much sales revenue must be earned for a profit of $80,000 ...

Martol, Inc. has fixed costs of $200,000 and a contribution margin ratio of 40%. How much sales

Question:

Martol, Inc. has fixed costs of $200,000 and a ratio of 40%. How much sales revenue must be earned for a profit of $80,000?
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...