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How much sales are required to earn a target net income of 128000 if total fixed costs are 160000 and the contribution margin ratio is 40 percent?
Updated: 11/10/2022
Sales amount required is as follows:
Required sales = (fixed cost + net income)/ contribution margin ratio
required sales = 288000/.4
Required sales = 720,000
Prove:
Sales = 720,000
Variable cost = 60% of sales = 432,000
Contribution margin = 288,000
Less: fixed cost = 160,000
Net income = 128,000
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Related Questions
What is 5 percent 160ooo?
5 percent 160000 = 80005% of 160000= 5% * 160000= 0.05 * 160000= 8000
What is 25 percent of 160000?
25% of 160,000= 25% * 160000= 0.25 * 160000= 40,000
What is 4 percent of 160000?
4% of 160000 = 4% * 160000 = 0.04 * 160000 = 6400
What is 20 percent of 160000?
20% of 160000 = 160000*20/100 = 32000
What is 2.75 percent of 160000?
2.75% of 160,000 = 2.75% * 160000 = 0.0275 * 160000 = 4,400
What is 10 percent of 160000 dollars?
10% of 160000 dollars = 160000*10/100 = 16000 dollars.
What is a half of a percent of 160000.?
2000
What is 3.5 percent of 160000?
what is 3.5% of 1600,000
What is 28 percent of 160000?
28% of 160,000 = 44,800
What is 21 percent of 160000?
21% of 160,000 is 33,600
What is 2 percent of 8 million dollars?
160000
What is 1 percent of 160000?
1,600 its called a calculator or simple arithmetic
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