Total sales amount to $2,000,000 Food generates 75% of total sales Food cost is $500,000 Beverages generated sales of $300,000 with a CMR of 0.85 The gift store generated the remaining sales at a cost of 30% Tax rate is 27% Annual fixed costs total $1,500,000 Using this information, answer the below question: 

What are the total sales required?

Answer rating: 100% (QA)

To calculate the total sales required we need to first find the total contribution margin CM and the... View the full answer