Question
Best Windows is a small company that installs windows. Its cost structure is as follows: Selling price from each window installation $450 Variable cost of
Best Windows is a small company that installs windows. Its cost structure is as follows:
Selling price from each window installation
$450
Variable cost of each window installation
$350
Annual fixed costs
$195,000
Tax rate
45%
Calculate the number of windows Best Windows must install and the revenues needed to earn a target net income of $ 55,000.
Begin by determining the target operating income needed to earn a net income of $ 55,000
First, select the formula labels, then enter the amounts and calculate the target operating income. (Enter any percentages as a decimal to two places.)
target net income / _____ = target operating income
55,000 / _____ =
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