Wang Company manufactures and sells a single product that sells for $650 per unit; variable costs are $338 per unit. Annual fixed costs are $960,000. Current sales volume is $4,320,000. Management targets an annual income of $1,245,000. Compute the dollar sales to earn the target income. Multiple Choice $4,240,385. $4,593,750. $6,201,600. $3,955,385. $3,670,385.

Wang Company manufactures and sells a single product that sells for $650 per unit; variable costs are $338 per unit. Annual fixed costs are $960,000. Current sales volume is $4,320,000. Management targets an annual income of $1,245,000. Compute the dollar sales to earn the target income. Multiple Choice $4,240,385. $4,593,750. $6,201,600. $3,955,385. $3,670,385.

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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