Barney Stinson, a "legal advisor" at Goliath Bank, is under intense pressure at work to ensure that his division generates at least $250,000 operating income this year. The financial instrument that his division sells produces contribution margin of $5 per unit and a contribution margin percentage of 80%. Barney's division has $40,000 of fixed costs. What level of sales revenue does Barney need to achieve in order to meet the division's goal of $250,000 of operating income this year? $312,500 $362,500 $50,000 $232,000 $58,000

Barney Stinson, a "legal advisor" at Goliath Bank, is under intense pressure at work to ensure that his division generates at least $250,000 operating income this year. The financial instrument that his division sells produces contribution margin of $5 per unit and a contribution margin percentage of 80%. Barney's division has $40,000 of fixed costs. What level of sales revenue does Barney need to achieve in order to meet the division's goal of $250,000 of operating income this year? $312,500 $362,500 $50,000 $232,000 $58,000