Multiple Choice
What formula is used to calculate the sales dollars needed to earn a desired profit?
A) (fixed costs + contribution margin) /(1 − variable cost ratio)
B) (fixed costs + desired profit) /(1 − variable cost ratio)
C) (fixed costs + variable costs) /(1 − variable cost ratio)
D) (fixed costs + desired profit) /(1 − sales ratio)
Correct Answer:
Verified
Correct Answer:
Verified
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