Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

Exercise 6

The amount of revenue required to earn a targeted profit is equal to
a. total fixed cost divided by contribution margin.
b. total fixed cost divided by the contribution margin ratio.
c. targeted profit divided by the contribution margin ratio.
d. total fixed cost plus targeted profit divided by contribution margin ratio.
e. targeted profit divided by the variable cost ratio.