Multiple Choice
To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used?
A) (Fixed expenses + Target net profit) /Total contribution margin
B) (Fixed expenses + Target net profit) /Contribution margin ratio
C) Fixed expenses/Contribution margin per unit
D) Target net profit/Contribution margin ratio
Correct Answer:
Verified
Correct Answer:
Verified
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