Question
The contribution margin ratio of CandleCorporation's only product is 67%. The company's monthly fixed expense is $454,500 and the company's monthly target profit is $40,500.
The contribution margin ratio of CandleCorporation's only product is 67%. The company's monthly fixed expense is $454,500 and the company's monthly target profit is $40,500.
Required:
Determine the dollar sales to attain the company's target profit.(Round your answer to the nearest whole dollar amount.)
Sales__????
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College Accounting Chapters 1- 9
Authors: James A Heintz, Robert W Parry
23rd Edition
1337794783, 978-1337794787
