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Krueger Ltd. wishes to earn a before-tax profit equal to 30% of sales revenue. Its monthly fixed costs are $41,000 and contribution margin ratio is
Krueger Ltd. wishes to earn a before-tax profit equal to 30% of sales revenue. Its monthly fixed costs are $41,000 and contribution margin ratio is equal to 50%. Required: 1. Determine the annual break-even sales. Break even sales 2. Compute the sales level required to achieve the desired profit level. Sales level required
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