Problembig chill inc sells portable dehumidifier units at, Ask an Expert

Finance

Problem:

Big Chill, Inc. sells portable dehumidifier units at $187. Unit variable costs are $111. Fixed costs are $4,175,000. Management has set a profit objective of 15.2% return on sales.

Required:

Question: Calculate the sales volume in dollars that will provide a 15.2% return on sales. Please explain in detail and also show all workings.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147486

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