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Use the Contribution Margin Method to calculate Target Profit Sales Revenue and Target Sales Units, given a target profit of $75,000. The company's financial data is as follows: Description Total Per Unit % of Sales Sales $400 100% Variable Expenses $280 70% Contribution Margin $120 30% Fixed Expenses $45,000 Calculate: 1. Target Sales Revenue 2. Target Sales Units

Use the Contribution Margin Method to calculate Target Profit Sales Revenue and Target Sales Units, given a target profit of $75,000. The company's financial data is as follows: Description Total Per Unit % of Sales Sales $400 100% Variable Expenses $280 70% Contribution Margin $120 30% Fixed Expenses $45,000 Calculate: 1. Target Sales Revenue 2. Target Sales Units

Managerial Accounting
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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Use the Contribution Margin Method to calculate Target Profit Sales Revenue and Target Sales Units, given a target profit of $75,000. The company's financial data is as follows: Description Total Per Unit % of Sales Sales $400 100% Variable Expenses $280 70% Contribution Margin $120 30% Fixed Expenses $45,000 Calculate: 1. Target Sales Revenue 2. Target Sales Units
Transcribed Image Text:Use the Contribution Margin Method to calculate Target Profit Sales Revenue and Target Sales Units, given a target profit of $75,000. The company's financial data is as follows: Description Total Per Unit % of Sales Sales $400 100% Variable Expenses $280 70% Contribution Margin $120 30% Fixed Expenses $45,000 Calculate: 1. Target Sales Revenue 2. Target Sales Units
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