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Find dollar sales to achieve the profit

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Problem 1: Given the following information, find dollar sales to achieve the following profit:variable cost percentage, 30%; profit, $60,000; fixed costs, $150,000

Option 1: $700,000
Option 2: $200,000
Option 3: $300,000
Option 4: None of the above

Problem 2: Given the following information, find break-even point in dollar sales:fixed cost, $48,337.80; contribution margin %, 60 %

Option 1: $80,563
Option 2: $120,844
Option 3: $45,000
Option 4: None of the above

Reference no: EM132741602

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