Question
Cullumber Inc. earned operating income of $106,000 during 2021. The company wants to earn operating income of $148,400 during 2022. Its fixed cost is expected
Cullumber Inc. earned operating income of $106,000 during 2021. The company wants to earn operating income of $148,400 during 2022. Its fixed cost is expected to be $59,360 and variable cost are expected to be 30% of sales.
Determine the required sales to meet the target operating income of 2022
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Understanding Financial Accounting
Authors: Christopher D. Burnley
2nd Canadian Edition
1119406927, 978-1119406921
