The manager of dukey’s shoe station estimates operating costs for the year will include $360,000 in fixed costs.
required:
a. find the break-even point in sales dollars with a contribution margin ratio of 40 percent.
b. find the break-even point in sales dollars with a contribution margin ratio of 25 percent.
c. find the sales dollars required to generate a profit of $100,000 for the year assuming a contribution margin ratio of 40 percent.