Question: Snow Company sells a product with a contribution margin ratio of 65%. Fixed costs are $ 4,000 per month. What amount of sales (in dollars)
Snow Company sells a product with a contribution margin ratio of 65%. Fixed costs are $ 4,000 per month. What amount of sales (in dollars) must Snow Company have to earn an operating income of $ 2,500? If each unit sells for $ 25, how many units must be sold to achieve the desired operating income?
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