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Flannigan Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378. Annual fixed costs are $872,000. The current sales volume is $4,380,000. Flannigan Company management targets an annual pre-tax income of $1,305,000. Compute the dollar sales to earn the target pre-tax net income. a. $5,949,600. b. $5,442,500. c. $3,628,333. d. $3,195,333. e. $2,762,333.

Flannigan Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378. Annual fixed costs are $872,000. The current sales volume is $4,380,000. Flannigan Company management targets an annual pre-tax income of $1,305,000. Compute the dollar sales to earn the target pre-tax net income. a. $5,949,600. b. $5,442,500. c. $3,628,333. d. $3,195,333. e. $2,762,333.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Flannigan Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378. Annual fixed costs are $872,000. The current sales volume is $4,380,000. Flannigan Company management targets an annual pre-tax income of $1,305,000. Compute the dollar sales to earn the target pre-tax net income. a. $5,949,600. b. $5,442,500. c. $3,628,333. d. $3,195,333. e. $2,762,333.
Transcribed Image Text:Flannigan Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378. Annual fixed costs are $872,000. The current sales volume is $4,380,000. Flannigan Company management targets an annual pre-tax income of $1,305,000. Compute the dollar sales to earn the target pre-tax net income. a. $5,949,600. b. $5,442,500. c. $3,628,333. d. $3,195,333. e. $2,762,333.
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