HI I need help and explanation on how to Calculate the margin the Bell Division needed to earn in March in order for the
residual income in March to be equal to $310,000.
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The Bell Division of ABC Company reported the following information for March:
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selling price per unit ...........................    $25
variable costs per unit ..........................    $12
turnover .........................................   2.00
residual income .................................. $180,000
margin ...........................................    22%
units sold .......................................   40,000
Calculate the margin the Bell Division needed to earn in March in order for the
residual income in March to be equal to $310,000. Enter your answer as a number
followed by the % without a space in between (i.e., 10%).
Answers
Status NEW
Posted 21 Apr 2017 01:04 AM
My Price 10.00
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file 1492738415-Solutions file.docx preview (56 words )
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