I want answer Daisy's Award Creations produces decorativeribbons. The following information is availableabout the company:Variable cost per ribbon$1.75Sales price per ribbon$3.50Total fixed costs per month $950.00Suppose Daisy's wants to generate a profit of$850. Determine how many ribbons it must sellto achieve this target profit. (Round youranswer to nearest number)

To find the number of ribbons Daisy's must sell, we need to calculate the total contribution margin…

Answered: Daisy's Award Creations produces…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

ChapterMB: Model-building Problems

Section: Chapter Questions

Problem 20M

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PFA Attached screenshot. Could you please help me with the correct solution.
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