Jackie has a business making beaded bracelets. They are putting together a plan to expand their business. They would like an after-tax target profit of $4,000 per month. They sell the bracelets for $9.95 each and has variable costs of $2.48 each. Their fixed costs will be $3,000 per month in the new facility. They have a 25% tax rate. How many bracelets will Jackie need to sell monthly to meet their target profit goal?

Answer rating: 100% (QA)

SOLUTION To determine the number of bracelets Jackie needs to sell monthly to meet their target profit goal well calculate the contribution margin per ... View the full answer