Answers
--Note:
0.33R states that CM ratio is 0.33 or 33% of total revenue
$ 94400 is the original fixed cost
| A | After tax earnings | $38,000 | |
| B = A/65% | Before tax earnings would be | $58,462 | |
| C = $ 94400 - 15104 | Total Fixed cost | $79,296 | |
| D = B+C | Total Contribution margin required | $137,758 | |
| E | Contribtuion margin ratio | 0.33 | |
| F = D/E | Revenue that is required to be earned | $417,447 | Answer |
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