Page 1 of 1

Finley Corporation has monthly fixed costs of $63,000. It sells two products for which it has provided the following inf

Posted: Sun Jun 05, 2022 6:56 pm
by answerhappygod
Finley Corporation has monthly fixed costs of $63,000. It sells
two products for which it has provided the following
information.
b. What total monthly sales revenue is
required to earn a monthly operating income of $16,000 if the
relative sales mix is 20 percent for Product 1 and 80 percent for
Product 2? (Round your answer to the nearest dollar
amount.)