Acme medical supply company desires a target operating, Ask an Expert

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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.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91399245

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