Drayton Windows is a small company that installs windows. Its cost structure is as follows: Selling...
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Drayton Windows is a small company that installs windows. Its cost structure is as follows: Selling price from each window installation $ 850 Variable cost of each window installation $ 650 $ 165,000. Annual fixed costs Tax rate 45% Calculate the number of windows Drayton Windows must install and the revenues needed to earn a target net income of $55,000. Begin by determining the target operating income needed o earn a net income of $55,000. First, select the formula labels, then enter the amounts and calculate the target operating income. (Enter any percentages as a decimal to two places.) ▼ = Target operating income. Next, calculate the number of windows Drayton Windows must install to earn a target net income of $55,000. Begin by selecting the formula labels, then enter the amounts and calculate the number of units required to be sold. ) + Finally, calculate the revenues needed to earn a target net income of $55,000. Select the formula labels, then enter the amounts and calculate the revenues needed. = = CO Revenue required to achieve target Number of units required to be sold Drayton Windows is a small company that installs windows. Its cost structure is as follows: Selling price from each window installation $ 850 Variable cost of each window installation $ 650 $ 165,000. Annual fixed costs Tax rate 45% Calculate the number of windows Drayton Windows must install and the revenues needed to earn a target net income of $55,000. Begin by determining the target operating income needed o earn a net income of $55,000. First, select the formula labels, then enter the amounts and calculate the target operating income. (Enter any percentages as a decimal to two places.) ▼ = Target operating income. Next, calculate the number of windows Drayton Windows must install to earn a target net income of $55,000. Begin by selecting the formula labels, then enter the amounts and calculate the number of units required to be sold. ) + Finally, calculate the revenues needed to earn a target net income of $55,000. Select the formula labels, then enter the amounts and calculate the revenues needed. = = CO Revenue required to achieve target Number of units required to be sold
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Answer rating: 100% (QA)
Contribution margin per window installation selling price variable costs ... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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