Managerial Accounting: Tools for Business Decision Making
7th Edition
ISBN: 9781118334331
Author: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Publisher: WILEY
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Chapter 5, Problem 5.10BE
For Flynn Company, variable costs are 70% of sales, and fixed costs are $195,000. Management's net income goal is $75,000. Compute the required sales| in dollars needed to achieve managements target net income of $75,000. (Use the contribution margin approach.)
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Chapter 5 Solutions
Managerial Accounting: Tools for Business Decision Making
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