Question
The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $454,800 and the company's monthly target profit is
The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $454,800 and the company's monthly target profit is $40,800.
| Required: |
| Determine the dollar sales to attain the company's target profit. (Round your answer to the nearest dollar amount.) |
| Sales? |
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Principles of Financial Accounting chapters 1-17
Authors: John Wild, Ken Shaw, Barbara Chiappetta
23rd edition
1259687740, 1259687747, 978-1259687747
