Alpha Technologies wants to achieve a net income of $600,000. The company has fixed costs of $1,200,000 and variable costs are 65% of sales. Calculate the required sales to achieve this target income. A) $5,400,000 B) $4,800,000 C) $5,142,857 D) $3,600,000
Alpha Technologies wants to achieve a net income of $600,000. The company has fixed costs of $1,200,000 and variable costs are 65% of sales. Calculate the required sales to achieve this target income. A) $5,400,000 B) $4,800,000 C) $5,142,857 D) $3,600,000
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 36P: Faldo Company produces a single product. The projected income statement for the coming year, based...
Related questions
Question
100%
Alpha technology need help. Accounting

Transcribed Image Text:Alpha Technologies wants to achieve a net income of
$600,000. The company has fixed costs of $1,200,000 and
variable costs are 65% of sales. Calculate the required sales to
achieve this target income.
A) $5,400,000
B) $4,800,000
C) $5,142,857
D) $3,600,000
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you

Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College

Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning

Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College

Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning