Company desires a target net income, Accounting Basics

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Company desires a target net income

Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000.

Required:

What will be value of Fixed Cost?

What will be target contribution margin?

What would be the amount of actual sales?

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Accounting Basics: Company desires a target net income

Reference No:- TGS090526

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Accounting Basics: Company desires a target net income

Reference No:- TGS090526

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Use computer magazines or the internet to investigate

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Q : Compute holding costs using annual interest rate

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Ask an Expert for Answer!!

Accounting Basics: Company desires a target net income

Reference No:- TGS090526

Recent Questions Asked Accounting Basics

Q : Use computer magazines or the internet to investigate

Q : Prepare journal entry to record impairment of asset

Q : Compute holding costs using annual interest rate

Q : Income tax payable for the present year

Q : Company desires a target net income

Q : What is the abc cost of each test

Q : Find increase the number of replenishment orders per year

Q : Seven layerof the osi model

Q : Impact the planning done by managers throughout company

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