Question
The contribution margin ratio of Kuck Corporation's only product is 67%. The company's monthly fixed expense is $454,500 and the company's monthly target profit is
The contribution margin ratio of Kuck Corporation'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.)
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
