Solved: The contribution margin ratio of donath corporations only, Accounting Basics

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The contribution margin ratio of donath corporations only

Question - The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $454,800 and the company's monthly target profit is $40,800.

Required: Determine the dollar sales to attain the company's target profit.

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Accounting Basics: The contribution margin ratio of donath corporations only

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