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How much revenue does the company need to generate

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Question - Tommy's Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stains from ceramic tiles. The company's contribution margin is 25% and its current break-even point is $435,200 in sales revenue. Purchasing the new equipment will increase fixed costs by $10,000.

Required - After the purchase of the equipment, how much revenue does the company need to generate a profit of $125,000?

Reference no: EM132623958

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How much revenue does the company need to generate : Required - After the purchase of the equipment, how much revenue does the company need to generate a profit of $125,000
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