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Chrissy's Cupcakes has $832,000 in sales and $265,000 in fixed expenses. Given a contribution margin ratio of 72%, Chrissy's profit (loss) is ______.

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Given a contribution margin ratio of 72%, Chrissy's profit (loss) is $334,040.

Profit or loss

Using this formula

Profit = Contribution margin  ratio x Sales - Fixed Expenses

Where:

Contribution margin  ratio=72%

Sales=$832,000

Fixed Expenses =$265,000

Let plug in the formula

Profit= 72% x $832,000 - $265,000

Profit = $334,040

Inconclusion Chrissy's profit (loss) is $334,040.

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