Question
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
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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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
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