Use the Contribution Margin Method to calculate Target Profit sales and units given a target profit of $40,000. Total Per % of Unit Sales Sales $250 100% Variable expenses 170 68% Contribution 80 32% margin Fixed expenses 20,000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.16E
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Use the Contribution Margin Method to
calculate Target Profit sales and units
given a target profit of $40,000.
Total
Per %
of
Unit
Sales
Sales
$250
100%
Variable expenses 170
68%
Contribution
80
32%
margin
Fixed expenses
20,000
Transcribed Image Text:Use the Contribution Margin Method to calculate Target Profit sales and units given a target profit of $40,000. Total Per % of Unit Sales Sales $250 100% Variable expenses 170 68% Contribution 80 32% margin Fixed expenses 20,000
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