Blossom Seating Co., a manufacturer of chairs, had the following data for 2022 : \table[[Sales,2,240 units],[Sales price,
$50
per unit],[Variable costs,
$35
per unit],[Fixed costs,
$24,000
The company wishes to increase its total dollar contribution margin by 50% in 2023. Determine by how much it will need to increase its sale if all other factors remain constant.

Question

Blossom Seating Co., a manufacturer of chairs, had the following data for 2022 : \table[[Sales,2,240 units],[Sales price,

$50

per unit],[Variable costs,

$35

per unit],[Fixed costs,

$24,000

The company wishes to increase its total dollar contribution margin by 50% in 2023. Determine by how much it will need to increase its sale if all other factors remain constant.

Accepted Answer

Expert Answer to - Blossom Seating Co., a manufacturer of chairs, had the following data for 2022 :  table[[Sales,2,240

Answer

Solution for - Blossom Seating Co., a manufacturer of chairs, had the following data for 2022 :  table[[Sales,2,240

Answer

This an additional answer to - Blossom Seating Co., a manufacturer of chairs, had the following data for 2022 :  table[[Sales,2,240

(Solved): Blossom Seating Co., a manufacturer of chairs, had the following data for 2022 : \table[[Sales,2,240 ...

View Expert Answer

Expert Answer

Buy This Answer $5

Place Order

We Provide Services Across The Globe