Holly Inc. sells a single product for $230. Variable costs
include $115 for each unit plus a 8% sales commission. Fixed costs
are $205,800 per month.
a. What is the contribution margin percentage?
(Round final answer to 2 decimal
places.)
b. What is the breakeven sales revenue?
(Round final answer to the nearest whole
dollars.)
c. What sales revenue is needed to achieve a
$276,000 per month profit? (Round final answer to the
nearest whole dollars.)
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