Reference no: EM132856465
Candyland has prepared the following budgeted data based on a sales forecast of $4,200,000. (Round your contribution margin ratio to 2 decimal places in the calculation)
Variable Fixed
Direct materials.................. $766,000
Direct labor....................... $820,000
Manufacturing overhead........ $170,000 $134,000
Selling expenses................. $98,000 $280,000
Administrative expenses....... $ 30,000 $ 40,000
Problem 1: If the desired target profit is $146,050, what would be the required amount of dollar sales?
A. $1,034,567
B. $1,071,518
C. $714,804
D. $1,091,000
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