Raven Company has a target of earning $71,400 pre-tax income. The contribution margin ratio is 32%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $38,800?

a. $289,375.
b. $410,000.
c. $222,813.
d. $343,438.
e. $38,600.

The amount of dollar sales to be achieved to reach the goal is $343,438

Explanation:

We have the following details:

Fixed Cost = $ 38,600

Earning Required = $71,300

Hence Contribution Required= Fixed Cost+Earning Required

                                                   = ($38,600+$71,300)

                                                    = $ 109,900

We use then the following formula:

Contribution Margin ratio = Contribution Margin/Sales

   32%= $ 109,900/Sales

           = $ 109,900/32%

           = $343,438. Amount of dollar sales to be achieved to reach the goal

the answer is b hope you pass

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )