Kincaid company sells flags with team logos. kincaid has fixed
Kincaid Company sells flags with team logos. Kincaid has fixed costs of $639,600 per year plus variable costs of $4.20 per flag. Each flag sells for $12.00. Use the income statement equation approach to compute the number of flags Kincaid must sell each year to break even. Use the contribution margin ratio CVP formula to compute the dollar sales Kincaid needs to earn $32,500 in […]