Smart Products has the following information available for the month of March: Sales (4,000 units)
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Question:
Smart Products has the following information available for the month of March:
Sales (4,000 units) | $40,000 | |
Variable costs | $18,000 | |
Fixed costs | $ 5,324 | |
Net income | $16,676 |
The company's manager is considering several options to increase net income. By what amount do sales dollars need to increase in order for net income to increase to $26,400?
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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