Question
For Flynn Company, variable costs are70% of sales, and fixed costs are $172,000. Managements net income goal is $84,000. Compute the required sales in dollars
For Flynn Company, variable costs are70% of sales, and fixed costs are $172,000. Managements net income goal is $84,000.
Compute the required sales in dollars needed to achieve managements target net income of $84,000. (Use the contribution margin approach.)
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