It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.
<h3>How to calculate the target profit</h3>
From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.
Therefore, the number of blankets that must be sold to achieve the target profit will be:
= (520000+320000)/21
= 40000
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Answer:
62%
Explanation:
as per the latest data report by the Bureau of Labor Statistics, small businesses have played a major role in creating jobs since he biggest economic recession in the USA. as per the 2018 data they created around 62% of the total jobs private sector jobs in the usa
Answer:
A) and goes further than necessary to ensure full coverage
Answer: Convenience, Shopping, Speciality and Unsought
Explanation: Next time please be more specific Thanks
Answer: True
Explanation:
Cost-volume-profit analysis is refered to as the predictive tool that can be used for the determination of the profit consequences of the price changes, future cost changes, price and the volume of the activity changes.
It requires the management to classify all the costs as either fixed cost or variable cost with respect to production or sales volume within the relevant range of operations.
