Gurr Corporation produces and sells a single product whose contribution margin ratio is 63%. The company's monthly fixed expense is $604,800 and the company's monthly target profit is $50,400.
Required:
Determine the dollar sales to attain the company's target profit. Show your work!

Question

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The Answer of Gurr Corporation produces and sells a single product whose contribution margin ratio is 63%. The company's monthly fixed expense is $604,800 and the company's monthly target profit is $50,400.
Required:
Determine the dollar sales to attain the company's target profit. Show your work!

Gurr Corporation Produces and Sells a Single Product Whose Contribution