Dollar amount of sales must be made to produce target income

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Watson Company has monthly fixed costs of $79,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,600, what dollar amount of sales must be made to produce the target income? $234,000 $93,600 $197,500 $36,500 $161,000

Reference no: EM131223211

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Dollar amount of sales must be made to produce target income : Watson Company has monthly fixed costs of $79,000 and a 40% contribution margin ratio. If the company has set a target monthly income of $14,600, what dollar amount of sales must be made to produce the target income?

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