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Begin by stating the operating income equation. Let R equal the revenues needed to earn $2,542,000 in operating income and express the variable costs as
Begin by stating the operating income equation. Let R equal the revenues needed to earn $2,542,000
in operating income and express the variable costs as a percent of R. (Round your answer up to the nearest whole dollar.)
| R | -. | 0.15R | - | 0.43R | - | $3,170,000 | - | $5,098,000 | = | $2,542,000 |
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Use the equation you determined above and solve for the revenue needed. (Round your answer up to the nearest whole dollar.)
The salespeople must generate revenue of |
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