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Question - Sid Gull, the owner operator of the Iowa Inn is interested in determining the level of sales necessary to realize a net income of $500,000 next year. He has compiled records on each departments sales and costs and assumes that the sales mix will be the same next year. The major department, the rooms department, had sales of $2,500,000 and its contribution margin was $1,750,000. The coffee shop had sales of $750,000 and variable costs of $300,000. The restaurant had sales of $1,200,000 and variable costs of $750,000. Mr. Gull assumes that the fixed costs will be $1,000,000.
Required -
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alright i need help with this if you can tell me how you may have gotten some of your answers ill rate you best answer
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