Solution-What level of sales would hope have to achieve

What level of sales would hope have to achieve profit

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Question - Hope Electronics Shop had net sales of $280,000 last year, with a cost of goods sold of $173,600 and total other expenses of $76,200. Fixed expenses were $67,100. Hope expects that these costs relationships will hold for this coming year and projects its variable expenses (including cost of goods sold) to be $276,209. (Hint: This is not a breakeven question). What level of sales would Hope have to achieve if it wanted to make a $80,000 profit?

Reference no: EM133132400

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What level of sales would hope have to achieve profit

Reference no: EM133132400

Reference no: EM133132400

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