Total sales have to be in order to achieve net income
Not what you're looking for?
A company sells a single product for $20 per unit. If variable expenses are 60% of sales and fixed expenses total $9,600, what would total sales volume have to be in order to achieve net income of $10,000...choices are?
a. $33,500
b. $57,000
c. $46,000
d. $49,000
Purchase this Solution
Solution Summary
This provides the steps to calculate the total sales have to be in order to achieve desired net income
Purchase this Solution
Free BrainMass Quizzes
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.