Green grass company sells garden gloves for $30 per pair. The fixed costs are $100000...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Green grass company sells garden gloves for $30 per pair. The fixed costs are $100000 and the variable costs are 60 % of the selling price. The company wants to have a minimum net income of $100000. What is the minimum level of sales that will allow the company to achieve its goal?
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!
