The following information is for keystone corporation? The following information is for Keystone Corporation:Total fixed costs$289,000Variable costs per unit $85Selling price per unit $140If management has a targeted net income of $72,000 (ignore income taxes), thensales revenue should beA. $575,500B. $987.000C. 8918.960D. $659,200

Explanation of Fixed Costs: Fixed costs are expenses that remain constant regardless of the…

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Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

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The following information is for Keystone Corporation: Total fixed costs $289,000 Variable costs per unit $85 Selling price per unit $140 If management has a targeted net income of $72,000 (ignore income taxes), then sales revenue should be A. $575,500 B. $987.000 C. 8918.960 D. $659,200