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Sparkle This! is an online jewelrystore. The owner, Joe Diamond, maintains a 46% target margin at all times. They are considering adding ruby heart pendants
Sparkle This! is an online jewelrystore. The owner, Joe Diamond, maintains a 46% 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 $33. Joe estimates they can sell 41 pendants for Valentine's Day at the price based on their usual target margin.
What would be the Total Contribution Margin for the pendants at the Price and Volume that Joe has estimated on Valentine's Day?
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