Flynn Company, accounting homework help
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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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