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Author Question: Colorado Furniture Company manufactures naturally weathered reclaimed wood furniture. A queen-size ... (Read 43 times)

jrobl3

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on: Feb 5, 2023

Question 1

The contribution margin ratio for Stanley Company is 25%. The break-even point is $200,000. If Stanley wishes to have operating income of $60,000, how much must the company have in sales?

Question 2

Colorado Furniture Company manufactures naturally weathered reclaimed wood furniture. A queen-size bed sells for $1,800 and variable costs total $1,080. Colorado incurs $300,000 in fixed costs during the year. The company's tax rate is 20%.

Required:

How many queen-size beds must Colorado sell to generate net income of $300,000?
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Marked as best answer by jrobl3 on Feb 5, 2023

nikspatel037

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jrobl3

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

elyse44

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Reply 3 on: Yesterday
Wow, this really help

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