Question
Big Chill, Inc. sells portable dehumidifier units at $194. Unit variable costs are $119. Fixed costs are $4,175,000. Management has set a profit objective of
Big Chill, Inc. sells portable dehumidifier units at $194. Unit variable costs are $119. Fixed costs are $4,175,000. Management has set a profit objective of 14.7% return on sales. Calculate the sales volume in dollars that will provide a 14.7% return on sales. Round your answer to the nearest dollar.
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Handbook Of Research In Education Finance And Policy
Authors: Helen F. Ladd, Margaret E. Goertz
2nd Edition
0415838010, 978-0415838016
