Pecan, Inc., has a contribution margin of 51% and fixed costs of $251,940. What sales revenue is needed to attain a $75,480 profit? Multiple Choice $500,000 $80.700 $642,000 $280,000 The first step in the managerial decision making process is to: Multiple Choice O evaluate costs and benefits. make the decision. O identify the decision problem. O determine the decision alternatives. Merlot, Inc. has fixed costs of $298,000, sales price of $59, and variable cost of $32 per unit. How many units must be sold to earn profit of $53,000? Multiple Choice 10,500 20,500 13,000 O 3.000