The contribution margin ratio of THRONSON Corporation's only product is 69%. The company's monthly fixed expense is

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The contribution margin ratio of THRONSON Corporation's only product is 69%. The company's monthly fixed expense is $455,400 and the company's monthly target profit is $41,400.

Determine the dollar sales to attain the company's target profit.

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Posted Date: Jul 23, 2018 12:25 AM

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The contribution margin ratio of THRONSON Corporation's only product is 69%. The company's monthly fixed expense is

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Dollar sales to attain target profit 720000 The following informati... View the full answer

Managerial accounting

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