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Sphinxa [80]
3 years ago
7

Flannigan Company manufactures and sells a single product that sells for $600 per unit; variable costs are $318. Annual fixed co

sts are $991,700. Current sales volume is $4,310,000. Flannigan Company management targets an annual pre-tax income of $1,235,000. Compute the dollar sales to earn the target pre-tax net income.
Business
1 answer:
ch4aika [34]3 years ago
5 0

Answer:

See below

Explanation:

Computation of target pretax

Break even point (Target profit)

= (Fixed cost + Target profit) × Selling price / Contribution margin

= ($991,700 + $1,235,000) × $600 / $600 - $318

= $2,226,700 × $600 / $282

= 4,737,659.57

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ehidna [41]
The factor is called a profit.

Profit 
is an aim to any business establishment. This is the financial return or reward that an entrepreneur ultimate goal after the risk they have take. The moment a product is sold more than it cost to produce, then a profit is earned which can be invested again.

PROFIT = TOTAL SALES - TOTAL COSTS
6 0
3 years ago
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diamong [38]

Answer:

b. just-in-time inventory management

Explanation:

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How does unemployment rate help you determine if the economy is strong or weak
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3 years ago
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4 0
3 years ago
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Answer:

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Explanation:

Pell Company

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