Garrison Inc

question 15

Essay

Garrison Inc. produces and sells a single product whose contribution margin ratio is 66%. The company's monthly fixed cost is $667,920 and the company's monthly target profit is $72,600.
Required:
Determine the dollar sales to attain the company's target profit.

---

Definitions:

Prescribing Medication

The process by which a licensed healthcare practitioner authorizes the use of a specific drug for a patient to treat a condition or disease.

Community Residence

A living arrangement where individuals with similar needs, such as the elderly or those with disabilities, live and receive care and support.

Group Home

A special home where people with disorders or disabilities live and are taught self-help, living, and working skills.