Investor group has 21,000 in fixed costs. The variable cost are as follows: payment to financial planner (8% of revenue), advertising (13% of revenue), supplies and postage (3% of revenue), and telephones and computer brokerage service (6% of revenues). Use the equation approach to compute the dollar revenues needed to earn a monthly target profit of $12.600.
The average trade leads to $1000 in revenue. 30 trades break even using the CM ratio.

Question

Investor group has 21,000 in fixed costs. The variable cost are as follows: payment to financial planner (8% of revenue), advertising (13% of revenue), supplies and postage (3% of revenue), and telephones and computer brokerage service (6% of revenues). Use the equation approach to compute the dollar revenues needed to earn a monthly target profit of $12.600. 
The average trade leads to $1000 in revenue. 30 trades break even using the CM ratio.