Free Version
Moderate

# Calculating Target Profit for Shoes

MGRACT-4KBZLG

The shoe division of an organization designed a new shoe that retails for \$95 with a contribution margin ratio of 32 percent. Fixed costs are \$100,000. What is the amount in actual sales dollars needed to make a profit of \$45,000? A 145,000 B$310,050

C

$312,500 D$453,150