Kelly Company has the following data: Sales Price per unit $590 Variable Cost per unit $413 Total Fixed Costs $10,000 If the owner wants a $20,000 target profit, what would be the amount of sales mer r answer to the nearest dollar.) O $42,857 O $66,667 O $100,000 $28,571

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
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Kelly Company has the following data:
Sales Price per unit $590
Variable Cost per unit $413
Total Fixed Costs $10,000
If the owner wants a $20,000 target profit, what would be the amount of sales reversr e tr
answer to the nearest dollar.)
O $42,857
O $66,667
O $100,000
O $28,571
Transcribed Image Text:Kelly Company has the following data: Sales Price per unit $590 Variable Cost per unit $413 Total Fixed Costs $10,000 If the owner wants a $20,000 target profit, what would be the amount of sales reversr e tr answer to the nearest dollar.) O $42,857 O $66,667 O $100,000 O $28,571
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