Question
The contribution margin ratio of THRONSON Corporation's only product is 69%. The company's monthly fixed expense is $455,400 and the company's monthly target profit is
The contribution margin ratio of THRONSON Corporation's only product is 69%. The company's monthly fixed expense is $455,400 and the company's monthly target profit is $41,400.
Determine the dollar sales to attain the company's target profit.
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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