1. Brook company desires net income of $360,000 when it has $1,000,000 of fixed costs and variable costs of 60% of sales. What is the required sales? 2. Brooke company desires net income of $360,000 when it has a $1,000,000 of fixed costs and variable costs of 60% of sales. What is the contribution margin?
1. Brook company desires net income of $360,000 when it has $1,000,000 of fixed costs and variable costs of 60% of sales. What is the required sales? 2. Brooke company desires net income of $360,000 when it has a $1,000,000 of fixed costs and variable costs of 60% of sales. What is the contribution margin?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 4BE
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![1. Brook company desires net income of $360,000 when it has $1,000,000 of
fixed costs and variable costs of 60% of sales. What is the required sales?
2. Brooke company desires net income of $360,000 when it has a $1,000,000
of fixed costs and variable costs of 60% of sales. What is the contribution
margin?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcee2ae82-4ece-44b2-9719-dfef05396f91%2Fa08fb97e-cc7a-4744-bf83-fd7365da8812%2F7c7rv2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. Brook company desires net income of $360,000 when it has $1,000,000 of
fixed costs and variable costs of 60% of sales. What is the required sales?
2. Brooke company desires net income of $360,000 when it has a $1,000,000
of fixed costs and variable costs of 60% of sales. What is the contribution
margin?
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