For Carla Vista Company, variable costs are 70% of sales, and fixed costs are $230,100. Management's net income goal is $88,500. Compute the required sales in dollars needed to achieve management's target net income of $88,500. (Use the contribution margin approach.) Required sales $

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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Bt.17.

For Carla Vista Company, variable costs are 70% of sales, and fixed costs are $230,100. Management's net income
goal is $88,500.
Compute the required sales in dollars needed to achieve management's target net income of $88,500. (Use the
contribution margin approach.)
Required sales
Transcribed Image Text:For Carla Vista Company, variable costs are 70% of sales, and fixed costs are $230,100. Management's net income goal is $88,500. Compute the required sales in dollars needed to achieve management's target net income of $88,500. (Use the contribution margin approach.) Required sales
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