Answered: Assume fixed costs $825,000. Selling…

Assume fixed costs $825,000. Selling price = $15.25 and variable costs - $8.25. Calculate the dollar sales volume to achieve a return on sales of 11.1%. Round your answer to the nearest dollar.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 13E

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Assume fixed costs $825,000. Selling price = $15.25 and variable costs - $8.25. Calculate the dollar sales volume to achieve a return
on sales of 11.1%. Round your answer to the nearest dollar.

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