Arthur Company had the following data for the year just ended: Sales 4,000 units Sales price $60 per unit Variable cost $18 per unit Fixed costs $42,000 If the company wants to increase its total contribution margin by 40% in the next year, all other factors remaining the same, it will need to increase its sales by:
Arthur Company had the following data for the year just ended: Sales 4,000 units Sales price $60 per unit Variable cost $18 per unit Fixed costs $42,000 If the company wants to increase its total contribution margin by 40% in the next year, all other factors remaining the same, it will need to increase its sales by:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Arthur Company had the following data for the year just ended:
Sales 4,000 units
Sales price $60 per unit
Variable cost $18 per unit
Fixed costs $42,000
If the company wants to increase its total contribution margin by 40% in the next year, all other factors remaining the same, it will need to increase its sales by:
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