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A.) For Rivera Company, variable costs are 60% of sales, and fixed costs are $210,000. Managements net income goal is $60,000. Compute the required sales
A.) For Rivera Company, variable costs are 60% of sales, and fixed costs are $210,000. Managements net income goal is $60,000. Compute the required sales needed to achieve managements target net income of $60,000. (Use the mathematical equation approach.)
Required sales |
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B.
Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown belovw Basic Basic Plus Premium Total Units sold Selling price Variable cost 912 $248 $194 368 $404 $287 320 $801 $411 1,600 The company's total fixed costs to produce the filtration systems are $203,535 (a) Determine the sales mix as a function of units sold for the three products. (Round answers to 0 decimal places, e.g. 12.) Basic Basic Plus Premium The sales mix as a function of units soldStep by Step Solution
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