Laura Lopez sells carpets for $660 each. She purchases each carpet for $280 and spends $43,000...
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Laura Lopez sells carpets for $660 each. She purchases each carpet for $280 and spends $43,000 for fixed costs. Answer the two separate scenarios. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole numnber. a) Calculate operating income if Laura sells 330 carpets Operating Income: $ b) Calculate the revenues needed to obtain an operating income of $4S,000. Required Revenue: $ Laura Lopez sells carpets for $660 each. She purchases each carpet for $280 and spends $43,000 for fixed costs. Answer the two separate scenarios. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole numnber. a) Calculate operating income if Laura sells 330 carpets Operating Income: $ b) Calculate the revenues needed to obtain an operating income of $4S,000. Required Revenue: $
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Answer a Calculation of net operating Income if Laura sells 330 Carpets Contribution Margi... View the full answer
Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
Posted Date:
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