Question: Using the Contribution Margin method of computing target operating income, calculate the desired (target) operating income using the following: -If the desired (target) operating income
Using the Contribution Margin method of computing target operating income, calculate the desired (target) operating income using the following:
-If the desired (target) operating income is $6,400.
-Unit price for sales is $400.
-Variable cost per unit is $240.
-Total fixed cost is $8,000.
| Units | Per Unit | |||
| Sold | Cost | Amount | ||
| Revenue | ||||
| Variable Costs | ||||
| Contribution Margin | ||||
| Fixed Costs | ||||
| Operating Income |
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