Gurr Corporation Produces and Sells a Single Product Whose Contribution

question 107

Essay

Gurr Corporation produces and sells a single product whose contribution margin ratio is 63%. The company's monthly fixed expense is $604,800 and the company's monthly target profit is $50,400.
Required:
Determine the dollar sales to attain the company's target profit. Show your work!

---

Definitions:

Fax Machine

A device that sends and receives documents through a telephone line by converting them into electronic signals.

Coffee Maker

A kitchen appliance used for brewing coffee by automatically heating water and directing it through ground coffee beans.

Security System

A combination of technological equipment and procedures designed to protect a space or information from unauthorized access, theft, or damage.

Fax Machine

An electronic device used to send and receive documents over a telephone line by converting them to and from electronic bits.