Reference no: EM132753069
Question: Viejol Corporation has collected the following information after its first year of sales. Sales were $1,440,000 on 120,000 units, selling expenses $210,000 (40% variable and 60% fixed), direct materials $504,000, direct labor $169,400, administrative expenses $276,000 (20% variable and 80% fixed), and manufacturing overhead $382,000 (70% variable and 30% fixed). Top management has asked you for a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year.
Contribution margin for current year 360000
Contribution margin for projected year 396000
Fixed Costs 461400
Break-even point in units 153800 units
Break-even point in dollars $1845600
The company has a target net income of $216,000. What is the required sales in dollars for the company to meet its target?
Sales dollars required for target net income $________
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