Question
One local store desires to make $20,000 on its taxable income (EBT). Its variable cost is expected to be 60% of the revenues, and the
One local store desires to make $20,000 on its taxable income (EBT). Its variable cost is expected to be 60% of the revenues, and the fixed costs are $100,000. Determine the necessary amount of the Contribution Margin to achieve the goal.
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Costing
Authors: Terry Lucey
5th Edition
1858051657, 9781858051659
