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Sparkle This! is an online jewelrystore. The owner, Joe Diamond, maintains a 45% target margin at all times. They are considering adding ruby heart pendants
Sparkle This! is an online jewelrystore. The owner, Joe Diamond, maintains a45%target margin at all times. They are considering adding ruby heart pendants to their product line for Valentine's Day. The cost from their supplier is$32. Joe estimates they can sell51pendants for Valentine's Day at the price based on their usual target margin.
dmargin =$21.18
tcmargin =$1,335
price =$58.18
How many pendants must they sell with a $5 discount to equal the Total Contribution Margin at the price with their normal target margin?
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