Hope Electronics Shop had net sales of $280,000 last year, with a cost of goods sold...
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Hope Electronics Shop had net sales of $280,000 last year, with a cost of goods sold of $173,600 and total other expenses of $76,200. Fixed expenses were $67,100. Hope expects that these costs relationships will hold for this coming year and projects its variable expenses (including cost of goods sold) to be $276,209. (Hint: This is not a breakeven question). What level of sales would Hope have to achieve if it wanted to make a $80,000 profit? Hope Electronics Shop had net sales of $280,000 last year, with a cost of goods sold of $173,600 and total other expenses of $76,200. Fixed expenses were $67,100. Hope expects that these costs relationships will hold for this coming year and projects its variable expenses (including cost of goods sold) to be $276,209. (Hint: This is not a breakeven question). What level of sales would Hope have to achieve if it wanted to make a $80,000 profit? Hope Electronics Shop had net sales of $280,000 last year, with a cost of goods sold of $173,600 and total other expenses of $76,200. Fixed expenses were $67,100. Hope expects that these costs relationships will hold for this coming year and projects its variable expenses (including cost of goods sold) to be $276,209. (Hint: This is not a breakeven question). What level of sales would Hope have to achieve if it wanted to make a $80,000 profit? Hope Electronics Shop had net sales of $280,000 last year, with a cost of goods sold of $173,600 and total other expenses of $76,200. Fixed expenses were $67,100. Hope expects that these costs relationships will hold for this coming year and projects its variable expenses (including cost of goods sold) to be $276,209. (Hint: This is not a breakeven question). What level of sales would Hope have to achieve if it wanted to make a $80,000 profit?
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Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Posted Date:
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