Information for Pueblo Company follows: Sales Revenue Less: Total Variable Cost Contribution Margin Product A $ 40,000 $ 14,000 $ 26,000 M6-22 (Static) Calculating Target Sales [LO 6-5] Required: The total fixed costs are $35,000. Determine target sales needed to earn a $25,000 target profit. Note: Round your answer to 2 decimal places. Target sales Product B $ 60,000 $ 24,000 $36,000
Information for Pueblo Company follows: Sales Revenue Less: Total Variable Cost Contribution Margin Product A $ 40,000 $ 14,000 $ 26,000 M6-22 (Static) Calculating Target Sales [LO 6-5] Required: The total fixed costs are $35,000. Determine target sales needed to earn a $25,000 target profit. Note: Round your answer to 2 decimal places. Target sales Product B $ 60,000 $ 24,000 $36,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Dhapa
![Required information
M6-20, M6-21, M6-22 [LO 6-5, 6-6]
[The following information applies to the questions displayed below.]
Information for Pueblo Company follows:
Sales Revenue
Less: Total Variable Cost
Contribution Margin
Product A
$ 40,000
$ 14,000
$ 26,000
M6-22 (Static) Calculating Target Sales [LO 6-5]
Required:
The total fixed costs are $35,000.
Determine target sales needed to earn a $25,000 target profit.
Note: Round your answer to 2 decimal places.
Target sales
Product B
$ 60,000
$ 24,000
$ 36,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5d9d8f4e-55ce-4d3c-80c2-ad2a804bc95e%2F79eaad26-4112-4c73-a800-0b6ac082bafb%2Fzluuv4o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
M6-20, M6-21, M6-22 [LO 6-5, 6-6]
[The following information applies to the questions displayed below.]
Information for Pueblo Company follows:
Sales Revenue
Less: Total Variable Cost
Contribution Margin
Product A
$ 40,000
$ 14,000
$ 26,000
M6-22 (Static) Calculating Target Sales [LO 6-5]
Required:
The total fixed costs are $35,000.
Determine target sales needed to earn a $25,000 target profit.
Note: Round your answer to 2 decimal places.
Target sales
Product B
$ 60,000
$ 24,000
$ 36,000
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