Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blistre company operates on a contribution margin

Blistre Company operates on a contribution margin of 20% and currently has fixed costs of...

70.2K

Verified Solution

Question

Accounting

Blistre Company operates on a contribution margin of 20% and currently has fixed costs of $510,000. Next year, sales are projected to be $3,000,000. An Advertising compaign is being evaluated that costs an additional $120,000. How much would sales have to increase to justify the additonal expenditure?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

7. Given the standard reduction potential for the following two half-cell reactions (in the presence of...

Accounting
1.2K views

Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Inc. (BLI)....

Psychology
1.2K views

If neither \"Gaia Theory\" nor \"Earth System Theory\" is a good name for communicating with the...

Operations Management
1.2K views

1 to 2 page paper on - Has Technology and Covid-19 changed the Norm for Schools...

General Management
1.2K views

Provide an example that best illustrates either an in common or conflicting view of compensation in...

Biology
1.2K views

Which of the following is a FALSE statement regarding Balantidium coli?A) it moves using pseudopodsB)...

Physics
1.2K views

13 The phase of a particle in SHM at time t is 1 6 The...

Calculus
1.2K views

Consider the normed linear spaces L1 L2 and Loo Let c0 be the subset of...

Algebra
1.2K views

Identify the asymptotes domain and range o f x 5 X 2 f x 4...

Algebra
1.2K views

Find the exact value of the following logarithmic expression In 1 2 e2 11 1...

Accounting
1.2K views

Valuation ratios measure: a) A companys efficiency in converting revenues onto shareholder wealth b) The...

Accounting
1.2K views

Health Defense sells first aid kits and uses the periodic inventory system to account for...