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Current Attempt in Progress Pharoah Manufacturing earned net income of $117,000 during 2021. The company wants to earn net income of $57,000 more during 2022.
Current Attempt in Progress Pharoah Manufacturing earned net income of $117,000 during 2021. The company wants to earn net income of $57,000 more during 2022. The company's fixed costs are expected to be $164,030, and variable costs are expected to be 30% of sales (a) Your answer is correct. Determine the required sales to meet the target net income during 2022. Required sales $ Fill in the dollar amounts for the summary income statement for 2022 below, based on your answer to part (a)
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