Solution-What dollar amount of sales for each product is

What dollar amount of sales for each product is required

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Reference no: EM132170064

Question - Briteway Corporation has prepared the following budget for the month of June.

	Selling Price per Unit	Variable Cost per Unit	Unit Sales
Product A	$30.00	$15.00	50,000
Product B	20.00	10.00	25,000
Product C	50.00	25.00	10,000

The total fixed costs will be $1,000,000. Briteway Corporation's tax rate is 30 percent.

Required:

a) If the sales mix remains constant, what dollar amount of sales for each product is required to achieve a net income of $400,000 for the year?

b) Compute the net income if Briteway sells 170,000 units in the proportion of the current budgeted sales levels for the three products.

Reference no: EM132170064

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What dollar amount of sales for each product is required

Reference no: EM132170064

Reference no: EM132170064

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