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E5-14B Simple Seating Co., a manufacturer of chairs, had the following data for 2013: Sales 2,500 units Sales price$50 per unit Variable costs$10 per unit
E5-14B Simple Seating Co., a manufacturer of chairs, had the following data for 2013:
Sales 2,500 units
Sales price$50 per unit
Variable costs$10 per unit
Fixed costs $24,000
QUESTION
If the company wishes to increase its total dollar contribution margin by 40% in 2014,
by how much will it need to increase its sales if all other factors remain constant?
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