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

Statistics
1.2K views

ampling n Question 11 1 2 Determine whether the variable is qualitative Favorite musical band...

Basic Math
1.2K views

A linear system of equations Ax=b is known, where A is a matrix of m by...

Biology
1.2K views

1 (a). Describe one fundamental way in which proteins and DNA resemble one another and one...

General Management
1.2K views

explain the origins of ISO 9000 and total quality. How are they different ?

Physics
1.2K views

equivalent resistance between points 4 and B in the following diagram is 20 20 20...

Physics
1.2K views

43 The angle of incidence for a ray of light at a refracting surface of...

Accounting
1.2K views

Phoenix Company is considering investments in projects C1...

Accounting
1.2K views

PEN AND INK Limited is the largest manufacturer of stationery in Namibia. The statement of...

Accounting
1.2K views

Your employer is a social media company. According to office gossip, the company's nonexecutive chairman...

Accounting
1.2K views

MSI is considering ciminating a product from its Toddie Town Tours colection. This colection is...

Accounting
1.2K views

How is anti-dilution determined when multiple securities are involved?

Accounting
1.2K views

Sabus Company has issued and outstanding 39,000 shares of $100 per preferred to and 99,000...