Acme Medical Supply Company desires a target operating income amount of $100,000, with assumption inputs as follows:
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Acme Medical Supply Company desires a target operating income amount of $100,000, with assumption inputs as follows:
Desired (target) operating income amount = $100,000
Unit price for sales = $80
Variable cost per unit = $60
Total fixed cost = $60,000
- Compute the required revenue to achieve the target operating income and compute a contribution income statement to prove the totals.
Expert Answer:
Answer To compute the required revenue to achieve the target operating income we can use the contrib... View the full answer
Related Book For 
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
Posted Date:
