Refer to the following Gunther's Emporium information to answer the question(s)below:
Gunther's Emporium expects net sales of $2,396,919 for the upcoming year, with variable expenses totaling $1,813,443 and fixed expenses of $412,190.
-If Gunther's net profit target for the year is $190,000, what sales level must he achieve?
A)$2,473,796
B)$1,876,324
C)$5,667,009
D)None of the above

Question

Quizplus · Accepted Answer

We can use the formula: 
Net Profit = Net Sales - Total Variable Expenses - Fixed Expenses
Substituting the given values: 
$190,000 = $2,396,919 - $1,813,443 - $412,190
Solving for the sales level: 
Sales level = $2,473,796

Refer to the Following Gunther's Emporium Information to Answer the Question(s)below