Sugar Sugar Inc. has provided the following relating to the most recent month September 30, 2016)...
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Sugar Sugar Inc. has provided the following relating to the most recent month September 30, 2016) of operations, for their main product, cookies. The company sold 10,000 cookies. Sugar Sugar Inc. Contribution Margin Income Statement For the Month Ended September 30 Sales Variable Costs Contribution Margin Fixed Costs Operating Income 20,000 11,000 9,000 7,000 2,000 The company has determined that the desired target profit (after tax) for next month is $3,000. What is the sales dollars the company will have to generate to earn this target profit? The company has a tax rate of 25%. Sugar Sugar Inc. has provided the following relating to the most recent month September 30, 2016) of operations, for their main product, cookies. The company sold 10,000 cookies. Sugar Sugar Inc. Contribution Margin Income Statement For the Month Ended September 30 Sales Variable Costs Contribution Margin Fixed Costs Operating Income 20,000 11,000 9,000 7,000 2,000 The company has determined that the desired target profit (after tax) for next month is $3,000. What is the sales dollars the company will have to generate to earn this target profit? The company has a tax rate of 25%.
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