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Jagswear Inc earned operating income of $80,000 during 2020. The company wants to earn operating income of $140,000 during 2020. Its foed costs are expected

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Jagswear Inc earned operating income of $80,000 during 2020. The company wants to earn operating income of $140,000 during 2020. Its foed costs are expected to be $70,000, and variable costs are expected to be 25% of sales. Determine the required sales to meet the target operating income during 2020. $ Required sales e Textbook and Media Question Part Score Fill in the dollar amounts for the summary income statement for 2020 below based on your answer to parta Sales revenue $ Variable costs Contribution margin Fored costs Operating income

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