Question
Therien Corporation's only product has a CM ratio of 60%. Therien's monthly fixed expense is $455,700 and their monthly target profit is $41,700. Required: Determine
Therien Corporation's only product has a CM ratio of 60%. Therien's monthly fixed expense is $455,700 and their monthly target profit is $41,700. Required: Determine Therien's dollar sales necessary to attain the company's target profit. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Sales $
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Edp Auditing A Functional Approach
Authors: Albert J. Harnois
1st Edition
0132246848, 978-0132246842
