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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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
