Question: Brief Exercise 22-10 x Your answer is incorrect. Try again. For Cullumber Company, variable costs are 64% of sales, and fixed costs are $191,000. Management's

Brief Exercise 22-10 x Your answer is incorrect. Try again. For Cullumber Company, variable costs are 64% of sales, and fixed costs are $191,000. Management's net income goal is $79,000. Compute the required sales in dollars needed to achieve management's target net income of $79,000. (Use the contribution margin approach.) Required sales 843,750
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
