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QUESTION
For Flynn Company, variable costs are 70% of sales, and fixed cost are $195,000. Management’s net income goal is $75,000. Compute the required sales in dollar needed to achieve managements target ne
For Flynn Company, variable costs are 70% of sales, and fixed cost are $195,000. Management’s net income goal is $75,000. Compute the required sales in dollar needed to achieve managements target net income of $75,000. (Use the contribution margin approach.)
