Question: Nora Inc. sells a single product for $21. Variable costs include $7.14 for each unit plus a 7% sales commission. Fixed costs are $168,740 per
Nora Inc. sells a single product for $21. Variable costs include $7.14 for each unit plus a 7% sales commission. Fixed costs are $168,740 per month. a. What is the contribution margin percentage? Contribution Margin % b. What is the break-even sales revenue? Break-Even Sales Revenue c. What sales revenue is needed to achieve a $128,030 per month profit? Total Sales Revenue Needed
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