Krueger Ltd. wishes to earn a profit equal to 40% of sales revenue. Its monthly fixed costs are $57,000 and contribution margin ratio is equal to 60%. Required: 1. Determine the annual break-even...

Krueger Ltd. wishes to earn a profit equal to 40% of sales revenue. Its monthly fixed costs are $57,000 and contribution margin ratio is equal to 60%.

Required:

1.Determine the annual break-even sales.

Break-Even Sales  ________

2.Compute the sales level required to achieve the desired profit level.

Sales Level Required ________