What is required sales in dollars for company to meet target

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Reference no: EM13753824

Mozena Corporation has collected the following information after its first year of sales. Sales were $1,590,000 on 106,000 units; selling expenses $256,000 (39% variable and 61% fixed); direct materials $517,000; direct labor $296,000; administrative expenses $276,000 (19% variable and 81% fixed); manufacturing overhead $356,000 (69% variable and 31% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year.

The company has a target net income of $206,000.

What is the required sales in dollars for the company to meet its target? (Use the contribution margin ratio calculated in the previous part. Round answers to 0 decimal places, e.g. 1,750.)

Reference no: EM13753824

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