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Krueger Ltd. wishes to earn a profit equal to 40% of sales revenue. Its monthly fixed costs are $60,000 and contribution margin ratio is equal
Krueger Ltd. wishes to earn a profit equal to 40% of sales revenue. Its monthly fixed costs are $60,000 and contribution margin ratio is equal to 60%. 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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The Internal Auditing Handbook
Authors: K. H. Spencer Pickett
1st Edition
0471969117, 978-0471969112
