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Find the sales dollars required to generate a profit

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Reference no: EM132919023

Problem - The manager of Dukey's Shoe Station estimates operating costs for the year will include $390,000 in fixed costs.

Required -

a. Find the break-even point in sales dollars with a contribution margin ratio of 40 percent.

b. Find the break-even point in sales dollars with a contribution margin ratio of 20 percent.

c. Find the sales dollars required to generate a profit of $150,000 for the year assuming a contribution margin ratio of 40 percent.

Reference no: EM132919023

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