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Manny Malhotra Inc., produces and sells high quality fishing rods, with most sales recorded in locations across Northern Ontario. For this current fiscal year
Manny Malhotra Inc., produces and sells high quality fishing rods, with most sales recorded in locations across Northern Ontario. For this current fiscal year 17,750 fishing rods were sold resulting in $475,800 of sales revenue, $102,050 of variable costs, and $62,800 of fixed costs. Consider the information provided and determine the total sales revenue that must be earned to achieve an operating income of $215,000. Rounding Rules: Enter your answer to the nearest PENNY. Examples: If your answer is $10,000.00, enter 10000.00 with no $ or, If your answer is $10,000.52, enter 10000.52 with no $ or, Your Answer:
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