Logsdon Corporation produces and sells a single product whose contribution margin ratio is 63%. The company's monthly fixed expense is $720,720 and the company's monthly target profit is $28,000. The dollar sales to attain that target profit is closest to:

$1188444

Explanation:

Based on the information given in the question, the dollar sales to attain that target profit will be calculated as:

= (Fixed cost + Desired profit) / Contribution margin ratio

= (720720 + 28000) / 63%

=748720/63%

= 748720/0.63

= 1188444

answer; ///i believe the correct answer is(e) complementary to each other;

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.