Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

fixed costs $190,000 variable costs 65% of sales net income goal $84,750 Required sales in dollars I know the formula is sales - variable costs

fixed costs $190,000

variable costs 65% of sales

net income goal $84,750

Required sales in dollars

I know the formula is sales - variable costs - fixed costs = target net income. But I"m not sure how to compute this

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Digital Auditing Theory And Practice Of Auditing Complex Information Systems And Technologies

Authors: Egon Berghout, Rob Fijneman, Lennard Hendriks, Mona De Boer, Bert-Jan Butijn

1st Edition

3031110889, 978-3031110887

More Books

Students also viewed these Accounting questions