Question
The contribution margin ratio of Thronson Corporation's only product is 64%. The company's monthly fixed expense is $454,200 and the company's monthly target profit is
| The contribution margin ratio of Thronson Corporation's only product is 64%. The company's monthly fixed expense is $454,200 and the company's monthly target profit is $40,200. |
| Required: |
| Determine the dollar sales to attain the company's target profit. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) |
| Sales | $ |
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
