Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required information Information for Pueblo Company follows: Product A Product B Sales Revenue $ 56,000 $ 50,000 Less: Total Variable Cost $ 11,900 $ 31,560
Required information
Information for Pueblo Company follows:
Product A | Product B | ||||
Sales Revenue | $ | 56,000 | $ | 50,000 | |
Less: Total Variable Cost | $ | 11,900 | $ | 31,560 | |
Contribution Margin | $ | 44,100 | $ | -5,360 | |
The total fixed costs are $40,000. Determine target sales needed to earn a $18,000 target profit. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started