Louise Corp. has a contribution margin ratio of 20%, fixed costs of $33,800, and a profit...

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Question

Answer 1

Answer #1

Given

Fixed Cost =33,800

Contribution Margin =20%

Profit= 21,400

Formula :

Sales revenue=		Fixed Cost+Net Income
		Contribution Margin

=(33.800+21400)/(20/100)

=55200/0.2=276,000

So total Sales would be 276,000

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Answer 2

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