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Total sales have to be in order to achieve net income

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

Solution Summary

This provides the steps to calculate the total sales have to be in order to achieve desired net income

$2.19