Green Valley Manufacturing desires a net income of $450,000. The company has fixed costs of $1,200,000 and variable costs that are 65% of sales. Calculate: The required sales to achieve the desired net income The contribution margin ratio

Green Valley Manufacturing desires a net income of $450,000. The company has fixed costs of $1,200,000 and variable costs that are 65% of sales. Calculate: The required sales to achieve the desired net income The contribution margin ratio

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...

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I need correct answer general Accounting

Green Valley Manufacturing desires a net income of $450,000. The company has
fixed costs of $1,200,000 and variable costs that are 65% of sales. Calculate:
The required sales to achieve the desired net income
The contribution margin ratio

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