Sabres a best-selling toy has a selling price of $15. If the contribution margin ratio is 40%

Question:

Sabres a best-selling toy has a selling price of $15. If the ratio is 40% and fixed costs are $60,000. How many Sabres must the company sell to realize a profit of $450,000?
A) 30.000
B) 34,000
C) 85,000
D) 100.000
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...