Mckee corporation has annual fixed costs of $12 million. Its variable costs ratio is 0.60.
a) determine the company's break even dollar sales volume.
b) determine the dollar sales volume required to earn target profit of $ 3 million.© BrainMass Inc. brainmass.com October 9, 2019, 10:12 pm ad1c9bdddf
Fixed costs = $12 million
Variable cost ratio = 0.6
Break even Dollar ...
Solution describes the steps for calculating break even sales and sales required to meet a target profit.