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Requirement 1. Use the equation approach to compute the number of flags Stenback must sell each year to break even First
Posted: Sun Jul 03, 2022 1:16 pm
by answerhappygod
- Requirement 1 Use The Equation Approach To Compute The Number Of Flags Stenback Must Sell Each Year To Break Even First 1 (16 KiB) Viewed 14 times
Requirement 1. Use the equation approach to compute the number of flags Stenback must sell each year to break even First, select the formula to compute the required sales in units to break even Net sales revenue Fixed costs Variable costs Rearrange the formula you determined above and compute the required number of flags to break even The number of fags Stenback must sel each year to break even is 60,000 Requirement 2. Use the contribution margin ratio approach to compute the dollar sales Stenback needs to eam $36,000 in operating income for the year. (Round the contribution margin ratio to two decimal places) Begin by showing the formula and then entering the amounts to calculate the required sales dolars to earn $36.000 in operating income (Round the required sales in dolars up to the nearest whole dolar For example 11025 would be rounded to $11. Abbreviation used: CM contribution margin) Fixed cos $300.000 Target profit 1 CM rato $36.000 De Required sales in dollars 60.00% 660000 Target proft