Slosh expects to have 18000 in fixed expenses next year


Slosh Cleaning Corporation services both residential and commercial customers. Slosh expects the following operating results next year for each type of customer:

 

Operating Results

 

Residential

Commercial

Sales

$60,000

$140,000

Contribution margin ratio

50%

30%

Slosh expects to have $18,000 in fixed expenses next year. What would Slosh's total dollar sales have to be next year to generate a profit of $90,000?

 

Solution Preview :

Prepared by a verified Expert
Managerial Accounting: Slosh expects to have 18000 in fixed expenses next year
Reference No:- TGS0770018

Now Priced at $30 (50% Discount)

Recommended (96%)

Rated (4.8/5)