Question: If the contribution margin ratio is 0.45, targeted operating income is $50,000, and fixed costs are $80,000, then sales volume in dollars is $177,778 $111,111

If the contribution margin ratio is 0.45, targeted operating income is $50,000, and fixed costs are $80,000, then sales volume in dollars is $177,778 $111,111 $288,889 $236,364

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

If the contribution margin ratio is 0.60.6, targeted operating income is $ 50 comma 000$50,000, and fixed costs are $ 85 comma 000$85,000, then sales volume in dollars is ________. (Round the final...

Hi There, I need someone to help me with the attached finance worksheet. There are 3 problems in this excel file - one problem on each individual tab. I am attaching a couple of additional files as...

COMP-XM QUESTION PLEASE SEE ATTACHMENT It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment...

Compute the following ratios for Campbell using the information below Year 11? Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio o. Accounts receivable...

Chester Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. How much will the company pay in separation costs if each worker...

Which company has the most efficient SG&A / Sales ratio? Select: 1 Baldwin Digby Chester Andrews In the month of March the Chester Corporation received and delivered orders of 163,000 units at a...

Questions are at the bottom. Use the Courier pages below to answer them. TOP Round 1 Dec. 31 2024 COMP-XM Riya Report INQUIRER Singh Andrews Baldwin Chester Riya Singh Digby Selected Financial...

YourIntelligence team reports that a wave of product liability lawsuits is likely to cause Baldwin to pull the product Best entirely off the market this year. Assume Baldwin scraps all capacity and...

The Chester's balance sheet has $114,186,000 in equity. Further, the company is expecting $3,000,000 in net income next year. Assuming no dividends are paid and no stock is issued, what would their...

Name two competitors of Tootsie Roll? Compare and contrast the market caps of the two competitors named above with Tootsie Roll Consider each expense on Tootsie Rolls income statement. Is this...

Go to a restaurant and answer the following questions. 1. Did you receive a friendly greeting when you entered the restaurant? How long did you wait to be seated? 2. Was the restaurant? Extremely...

What are cermets, and what properties or combination of properties do they offer?

1 2 * 3 1 P M Duo Corporation is evaluating a project with the following cash flows: \ table [ [ Year , Cash Flow ] , [ 0 , - $ 5 7 , 0 0 0

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

2. Outline the functions of nonverbal communication

5. Make a study of your Facebook (or other social networking) pages. Compile a list of the types of language used, including acronyms. Do you ever misunderstand the language in posts from your...

3. Describe the set of communication symbols that are nonverbal codes