Question: If the contribution margin ratio is 0.60, targeted operating income is $50,000, and fixed costs are 7) $75,000, then sales volume in dollars is ________.
-
If the contribution margin ratio is 0.60, targeted operating income is $50,000, and fixed costs are 7) $75,000, then sales volume in dollars is ________. (Round the final answer to the nearest dollar.)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
