Wang Co. manufactures and sells a single product that sells for $250 per unit; variable costs are $145 per unit. Annual fixed costs are $873,600. Current sales volume is $4,280,000. Management targets an annual pre-tax income of $1,205,000. Compute the dollar sales to earn the target pre-tax net income.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Wang Co. manufactures and sells a single product that sells for $250 per unit; variable costs are $145 per unit. Annual fixed costs are $873,600. Current sales volume is $4,280,000. Management targets an annual pre-tax income of $1,205,000. Compute the dollar sales to earn the target pre-tax net income.

Multiple Choice
$3,252,393.
$5,887,424.
$4,949,048.
$2,920,993.
$3,583,793.
Transcribed Image Text:Multiple Choice $3,252,393. $5,887,424. $4,949,048. $2,920,993. $3,583,793.
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