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Pharoah Bucket Co., a manufacturer of rain barrels, had the following data for 2024: If the company wishes to increase its total dollar contribution margin
Pharoah Bucket Co., a manufacturer of rain barrels, had the following data for 2024:
If the company wishes to increase its total dollar contribution margin by 30% in 2025, by how much will it need to increase its sales dollars if all other factors (other than sales quantity) remain constant?
Total increase in sales required: $?
SalesquantityUnitsellingpriceUnitvariablecostsFixedcosts2,460$70$42$34,440barrelsperbarrelperbarrelStep by Step Solution
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