What amount of sales will be necessary

Assignment Help Accounting Basics

Reference no: EM131900554

Problem

Last year, Flynn Company reported a profit of $78,000 when sales totaled $528,000 and the contribution margin ratio was 32%. If fixed expenses increase by $10,800 next year, what amount of sales will be necessary in order for the company to earn a profit of $88,000?

Reference no: EM131900554

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