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A company produces and sells two products. Selected data for the most recent month are below: Product 1 Product 2 Total Sales $18,000 $22,000 $40,000
A company produces and sells two products. Selected data for the most recent month are below: Product 1 Product 2 Total Sales $18,000 $22,000 $40,000 Variable manufacturing costs 5,500 9,500 15.000 Variable non-manufacturing costs 5,000 4,000 9.000 Fixed manufacturing overhead 8,400 Fixed selling and administrative costs 2.400 Q. How much sales revenue the company should earn to achieve the target profit of $11,200 (assuming constant sales mix)? ANS. $
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