Payton Corp. has sales of $212,000, a contribution margin ratio of 34%, and a target profit...

Question

Question

Answer 1

Answer #1

Answer - $139,920

A.	Sales	XXX
B.	Variable Cost	XXX
C.	Contribution (A-B)	XXX

A.	Sales	$212,000
B.	Variable Cost	$139,920	Balancing Figure
C.	Contribution	$72,080

	Working note

	Contribution (%) = (Contribution/Sales)

	Contribution = 212,000*34%
	$72,080

Answer 2

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