Question
For Flynn Company, variable costs are70% of sales, and fixed costs are $172,000. Management's 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. Management's net income goal is $84,000.
Compute the required sales in dollars needed to achieve management's target net income of $84,000. (Use the contribution margin approach.)
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen
8th edition
1259917061, 978-1259917066
