What amount of sales will be necessary, Accounting Basics

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What amount of sales will be necessary

Last year, Flynn Company reported a profit of $58,000 when sales totaled $508,000 and the contribution margin ratio was 50%. If fixed expenses increase by $8,800 next year, what amount of sales will be necessary in order for the company to earn a profit of $68,000?

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Accounting Basics: What amount of sales will be necessary

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Accounting Basics: What amount of sales will be necessary

Reference No:- TGS0696771

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What amount should bronson record the truck

Q : Total manufacturing costs

Q : What is the net operating income

Q : Magnitude of the acceleration of the train

Q : What amount of sales will be necessary

Q : What are the three processing stages prior to completion

Q : Desires a monthly target net operating

Q : Compute the contribution margin for the current year

Q : Kinetic energy of the projectile

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What amount of sales will be necessary

Reference No:- TGS0696771

Recent Questions Asked Accounting Basics

Q : What amount should bronson record the truck

Q : Total manufacturing costs

Q : What is the net operating income

Q : Magnitude of the acceleration of the train

Q : What amount of sales will be necessary

Q : What are the three processing stages prior to completion

Q : Desires a monthly target net operating

Q : Compute the contribution margin for the current year

Q : Kinetic energy of the projectile

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