Last year,Brown Manufacturing had a contribution margin ratio of 40%.This year,fixed expenses are expected to remain at $50 000 and sales are expected to increase by $90 000.What should the contribution margin ratio be this year if the company wishes to increase net income by $31 500?

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The Answer of Last year,Brown Manufacturing had a contribution margin ratio of 40%.This year,fixed expenses are expected to remain at $50 000 and sales are expected to increase by $90 000.What should the contribution margin ratio be this year if the company wishes to increase net income by $31 500?

Last Year,Brown Manufacturing Had a Contribution Margin Ratio of 40