Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pencil Pushers, Inc. manufactures a Silly Pencil which sells for $7.50 each. Pencil Pushers expects to sell 82,000 silly pencils next year. At this level

Pencil Pushers, Inc. manufactures a "Silly Pencil" which sells for $7.50 each. Pencil Pushers expects to sell 82,000 silly pencils next year. At this level of sales, variable expenses will total $184,500 and fixed expenses will total $242,130. If Pencil Pushers wants to make $160,125 in profit next year, what will total sales in dollars have to be next year?

$228,750

$76,620

$574,650

$470,880

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Charles T. Horngren, Jr Harrison, Walter T.

3rd Edition

0137419848, 978-0137419845

More Books

Students also viewed these Accounting questions

Question

Describe the role of free trade zones (FTZs) in global logistics.

Answered: 1 week ago