Target contribution margin-amount of actual sales

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Reference no: EM13150862

Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000.

Required:

What will be value of Fixed Cost?

What will be target contribution margin?

What would be the amount of actual sales?

Reference no: EM13150862

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