question archive The manager of Dukey’s Shoe Station estimates operating costs for the year will include $465,000 in fixed costs
The manager of Dukey’s Shoe Station estimates operating costs for the year will include $465,000 in fixed costs
Subject:AccountingPrice: Bought3
The manager of Dukey’s Shoe Station estimates operating costs for the year will include $465,000 in fixed costs.Required:a. Find the break-even point in sales dollars with a contribution margin ratio of 50 percent. b. Find the break-even point in sales dollars with a contribution margin ratio of 30 percent. c. Find the sales dollars required to generate a profit of $150,000 for the year assuming a contribution margin ratio of 50 percent.
