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nd Assements 6 Noyamed Gordon Manufacturing earned net income of $100,000 during 2018. The company wants to earn net income of $40.000 more during 2019.

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nd Assements 6 Noyamed Gordon Manufacturing earned net income of $100,000 during 2018. The company wants to earn net income of $40.000 more during 2019. The company's fixed costs are expected to be $147,000, and variable costs are expected to be on of sales Marked out 600 Instructions tal Determine the required sales to meet the target net income during 2019.12 marks) b) Compute break even sales using the contribution margin ratio. (2 marks) Compute margin of safety ratio assuming actual sales are $385,000. (2 marks) Page BI SE BE

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