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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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AlekseyPX

Answer:

C. 95380 equivalent units

Explanation:

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Here, actually completed that is 100% complete units = 85,500 units

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This means that incomplete 49,400 units = 49,400 \times 20% = 9,880 units 100% complete

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3 years ago
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3 years ago
The portfolio that contains the average return on a combination of market index with the same beta is often called _____________
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1 year ago
Which skill would a public relations manager require the most?
yuradex [85]

i would say D C and maybe a but C makes the most since hope this helps

8 0
3 years ago
Answer this question based on the following information about a company: Revenues, $20 million; costs, $15 million; assets, $30
andrezito [222]

Answer:

$60,000,000

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8 0
3 years ago
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