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Viejol Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $250,000 ( 40% variable
Viejol Corporation has collected the following information after its first year of sales. Sales were $1,600,000 on 100,000 units, selling expenses $250,000 ( 40% variable and 60% fixed), direct materials $490,000, direct labor $290,000. administrative expenses $270,000 (20\% variable and 80% fixed), and manufacturing overhead $380,000(70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year. The company has a target net income of $145,000. What is the required sales in dollars for the company to meet its target? Sales dollars required for target net income
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