A company that makes flat screen televisions has decided to increase its price and believes that it

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A company that makes flat screen televisions has decided to increase its price and believes that it can maintain the same total dollar margin even if they lose sales. Right now they sell 1,370 televisions a year at a price of $797. The variable cost for each TV is $467.66 The company has decided to increase price by 10% and the sales department wants to understand the revenue target.

What is the total revenue that is needed at the new price in order to maintain the same total dollar margin?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Nov 16, 2023 02:48 AM

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A company that makes flat screen televisions has decided to increase its price and believes that it

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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