For Flynn Company, variable costs are 70% of sales, and fixed costs are $195,000. Managements net income
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For Flynn Company, variable costs are 70% of sales, and fixed costs are
$195,000. Management’s net income goal is $75,000. Compute the required sales in dollars needed to achieve management’s target net income of $75,000. (Use the contribution margin approach.)
AppendixLO1
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Related Book For
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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