In: Accounting
Required information
Information for Pueblo Company follows:
Product A | Product B | ||||
Sales Revenue | $ | 48,000 | $ | 61,000 | |
Less: Total Variable Cost | $ | 10,000 | $ | 18,340 | |
Contribution Margin | $ | 38,000 | $ | 42,660 | |
The total fixed costs are $42,000.
Determine target sales needed to earn a $21,000 target profit.