To obtain the dollar sales volume necessary to attain a given target profit. (Fixed expenses + Target net profit) ÷ Contribution margin ratio formula should be used.
When referring to residential real estate, the term "dollar volume" simply refers to the sum of all residences' sales prices during a specific time period (month, quarter, year). It does not divide out by unit count like average sales price, but rather represents the largest dollar-based measure of sales activity.
A key metric of a company's health is sales volume. It enables you to determine the ideal locations for real businesses and track the effectiveness of marketing campaigns and sales representative efforts.
A company's contribution margin ratio (CM ratio) is determined by dividing revenue by revenue less all variable costs. It stands for the small gain from manufacturing an extra unit.
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