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

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The contribution margin ratio of thronson corporations only

Question - The contribution margin ratio of Thronson Corporation's only product is 69%. The company's monthly fixed expense is $455,400 and the company's monthly target profit is $41,400.

What is the dollar sales to attain the company's target profit.

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Accounting Basics: The contribution margin ratio of thronson corporations only

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