Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. for sandhill company, variable costs are 70% of sa

For Sandhill Company, variable costs are 70% of sales, and fixed costs are $191,100. Management's...

90.2K

Verified Solution

Question

Accounting

For Sandhill Company, variable costs are 70% of sales, and fixed costs are $191,100. Management's net income goal is $73,500.
Compute the required sales in dollars needed to achieve management's target net income of $73,500.(Use the contribution margin approach.)
Required sales $
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the core concepts and methods of Kinematics? What are the core concepts and methods...

Physics
Q

This is a map of Permian age geography Discuss the contrast with how a modern...

Biology
Q

What is the delay time in seconds between x t cos 2xt 20 and y...

Basic Math
Q

a Consider the following Write the percent represented by the shaded portion of the grid...

Algebra
Q

5 Apple Incorporated is one of the top online music retailers through its iTunes...

Accounting
Q

please journalize the closing entries as well as the post- closinh trial balance ...

Accounting
Q

Below is the comparative balance sheet for Cambridge Industries Ltd.: Cambridge Industries Ltd. Balance Sheet...

Accounting
Q

A company with working capital of $910,000 and a current ratio of 2 pays a...

Accounting
Q

Cameroon Corp. manufactures and sells electric staplers for $19 each. If 15,600 units were sold...

Accounting
Q

Mung and Long allow Kang to join their partnership for $50,000 cash. The recorded value...

Accounting
Q

Journal entry worksheet Record the adjusting entry for interest expense on the $308,000, 85 annual...

Accounting
Q

Bambino Sporting Goods makes baseball gloves that are very popular in the spring and early...

Finance