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.

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Definitions:

PhOH

Phenol, a toxic and caustic compound of benzene with an attached hydroxyl group, used as an antiseptic and in chemical manufacturing.

Poly(acrylonitrile)

A synthetic polymer made from acrylonitrile monomers, commonly used for fibers in textiles and other applications.

Poly(vinyl Chloride)

A widely used plastic material made by polymerizing vinyl chloride, known for its durability and versatility.

Water Pipes

Tubes or tunnels designed specifically for transporting water from one location to another.