Canoes Sale for $520 each Target Profit $83,000 Fixed Costs are 143,880 Variable Cosdts are $143 (Round Unit Contribution to 2 Decimal Places. Round answer to next whole number.) Break Even Unite=381.61 or 381 Break Even Sales =198,445 Target Sales:    Fixed Costs + Target Profit/Contribution Margin ratio $143,880+83,000/72.50=3,129.37 or 3,130?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Canoes Sale for $520 each

Target Profit $83,000

Fixed Costs are 143,880

Variable Cosdts are $143

(Round Unit Contribution to 2 Decimal Places. Round answer to next whole number.)

Break Even Unite=381.61 or 381

Break Even Sales =198,445

Target Sales:    Fixed Costs + Target Profit/Contribution Margin ratio

$143,880+83,000/72.50=3,129.37 or 3,130?

 

 

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Target sales can be calculated by dividing the sum of fixed cost and target profit with the contribution margin ratio.

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