what is the required sales amount? (in dollars)

Accounting
Tutor: None Selected Time limit: 1 Day

For Turgo Company, variable costs are 60% of sales, and fixed costs are $173,600. Management’s net income goal is $95,400.

Jun 19th, 2015

Thank you for the opportunity to help you with your question!

(60/100)(x)+173,600=x

3x-5x=-868,000

x=434,000

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 19th, 2015

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Jun 19th, 2015
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Jun 19th, 2015
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