American Investor Group is opening an office in Portland, Oregon Fixed monthly costs are office font (58 600). depreciation on office furniture (51 900) es ($2,200 special telephone lines (51.10 estage (4% of revenue and usage foes for the telephone lines and computerized brokerage service (6% of revenue Read the events Requirement 1. Use the contribution margin ratio approach to compute American's breakeven revenue in dollars. If the average trade leads to $1000 in venue for American, how many trades must be Begin by showing the formula and then entering the amounts to calculate the required sales dofars for American to break even. Abbreviation used CM contribution margin Pored coats Target profit - CM ratio Requrd sales in dollars 0 35.000 $ 0 70 % = 3 50.000 American momaka 50 trades to break even Requirement Z. Use the equation approach to compute the dollar revenues needed to eam a monthly target profit of $12.600 Begin hy selecting the formula to compute the required sales in units learn a target pro Neueste Variable cost Haedo Target profit Rearanga the formula you determined above and cong the required number of trades to cam a monthly target profit of $12600 Amani Ramonthly operating income of 51200 is opening an office in Portland, Oregon, Ficed monthly costs are office rent (58.600). depreciation on office furniture (51,900), utilities (52 200), special telephone lines ($1,100), a brokerage service ($2.500) and the salary of a financial planner (518,700) Variable costs include payments to the financial planner (9% of revenue), advertising (11% of revenue). of revenue) and usage fees for the telephone lines and computerized brokerage service (6% of revenue) ne contribution margin ratio approach to compute American's breakeven revenue in dollars. If the average trade leads to 51,000 in revenue for American how many trades must be made formula und wan entering the amounts to calculate the required sales dollars for American to break even (Abbreviation used CM contribution margin.) Target pro- CM ratio Requited sales in dollars 50,000 - To ce 50. add to break even - the equation approach to compute the dollar revengas needed to cam a monthly target profit of $12 600 he formula to compute the required sales in units to earn a target profit Variable costs Fred costs Target profit me you determined above and compare the required number of trades to eam a monthly target prost of $12.600 trades osamely operating income of $12,600