Consider the following information available for Beryllium Company: Total fixed costs $1,875,000 Contribution margin ratio 0.25 Based on the given information, calculate the sales revenue needed to achieve a target profit of $375,000.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 17E
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Calculate the sales revenue

Consider the following information available for
Beryllium Company:
Total fixed costs
$1,875,000
Contribution margin ratio 0.25
Based on the given information, calculate the sales
revenue needed to achieve a target profit of
$375,000.
Transcribed Image Text:Consider the following information available for Beryllium Company: Total fixed costs $1,875,000 Contribution margin ratio 0.25 Based on the given information, calculate the sales revenue needed to achieve a target profit of $375,000.
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