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Manny Malhotra Inc., produces and sells high quality fishing rods, with most sales recorded in locations across Northern Ontario. For this current fiscal year 18,650
Manny Malhotra Inc., produces and sells high quality fishing rods, with most sales recorded in locations across Northern Ontario. For this current fiscal year 18,650 fishing rods were sold resulting in $516,330 of sales revenue, $109,850 of variable costs, and $56,200 of fixed costs. Consider the information provided and determine the total sales revenue that must be earned to achieve an operating income of $187,000?
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