They would like a target profit of $60,000 annually. They also knows that their selling price is
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They would like a target profit of $60,000 annually. They also knows that their selling price is $129 and their variable cost to produce the dream catcher is $57.28. Their tax rate is 30%. The facility they are considering would make it possible for them to make 150 dream catchers per month. How much can they have in fixed costs per month to meet their target profit goal?
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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