Explore BrainMass

Explore BrainMass

    CVP Analysis

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    JungleGym, a best-selling toy has a selling price of $15. If the contribution margin ratio is 40% and if the fixed costs are $60,000, how many JungleGyms must the company sell to realize a profit of $450,000?

    © BrainMass Inc. brainmass.com October 2, 2020, 3:03 am ad1c9bdddf
    https://brainmass.com/business/cost-volume-profit-analysis/calculating-profits-cvp-analysis-472499

    Solution Summary

    The solution finds units to be sold to realized expected profit.

    $2.19

    ADVERTISEMENT