For Turgo Company, variable costs are 55% of sales, and fixed costs are $171,000. Management’s net income goal is $101,430.
Compute the required sales in dollars needed to achieve management’s target net income of $101,430.
(I have worked this problem every way I can think of and still get an incorrect answer) Can someone solve this with detail for me please.
Compute the required sales in dollars needed to achieve management’s target net income of $101,430.
(I have worked this problem every way I can think of and still get an incorrect answer) Can someone solve this with detail for me please.