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Flynn Company, accounting homework help
Can some help me with these type of questions. You can log into my class and do it.
Thank you
For Flynn Company, variable costs are 56% of sales, and fixed costs are $193,000. Management’s net income goal is $70,000.
Compute the required sales in dollars needed to achieve management’s target net income of $70,000. (Use the contribution margin approach.) (Round answer to 0 decimal places, e.g. 1,225.)
| Required sales | $ 219,643 |
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