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Last year, Flynn Company reported a profit of $74,000 when sales totaled $524,000 and the contribution margin ratio was 40%. If fixed expenses increase by
Last year, Flynn Company reported a profit of $74,000 when sales totaled $524,000 and the contribution margin ratio was 40%. If fixed expenses increase by $10,400 next year, what amount of sales will be necessary in order for the company to earn a profit of $84,000? (Do not round intermediate calculations.) A. $608,000 B. $568,700 C. $634,600 D. $575,000 |
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