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The contribution margin ratio is 20% for Grain Company and the break-even point in sales is $253,500

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Question;The contribution margin ratio is 20% for Grain Company and the break-even point in sales is $253,500. To obtain a target net operating income of $67,000, sales would have to be?Rothe Company manufactures and sells a single product that it sells for $100 per unit and has a contribution margin ratio of 50%. The company's fixed expenses are $46,200. If Rothe desires a monthly target net operating income equal to 30% of sales, the amount of sales in units will have to be

 

Paper#37862 | Written in 18-Jul-2015

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