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Acme Medical Supply Company wants a target operating income amount of $100,000, with supposition inputs as shown:

• Desired (target) operating income amount   $100,000
• Unit price for sales   $80
• Variable cost per unit   $60
• Total fixed cost   $60,000

find out the required revenue to accomplish the target operating income and find out a contribution income statement to prove the totals.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M918652

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