Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ze was a pro n al classical player a torcycle accident the disabled her long months of therapy, hered an experienced later and started a
Ze was a pro n al classical player a torcycle accident the disabled her long months of therapy, hered an experienced later and started a small shop to make and sell Spanish guitars. The guitars sail for $800 and the foed monthly operating 5800 2.500 Rent and the Wages and benefits to luthier Other expenses Zeke's accountant told him about contribution margin ratios and Zeke understood clearly that for every dollar of sales 80 70 went to cover his sed costs and anything above that point was proft Zeke wishes to eam 55 200 of opening pro chmon Calculate the amount of sales revenue required to achieve the g roft (Round your answer to the nearest dolar) OA $12.610 OB. $29.95 OC. 55,404 OD. $12,833 Click to select your
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started