Last year flynn company reported a profit of 72000 when, Ask an Expert

Accounting

Last year, Flynn Company reported a profit of $72,000 when sales totaled $522,000 and the contribution margin ratio was 32%. If fixed expenses increase by $10,200 next year, what amount of sales will be necessary in order for the company to earn a profit of $82,000?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9964560

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