Contribution margin to sales ratio is 84 for the abc co., Ask an Expert

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Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000.

Required:

What will be value of Fixed Cost?

What will be target contribution margin?

What would be the amount of actual sales?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9441003

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