Question
Manny Malhotra Inc., produces and sells high quality fishing rods, with most sales recorded in locations across Northern Ontario. For this current fiscal year
Manny Malhotra Inc., produces and sells high quality fishing rods, with most sales recorded in locations across Northern Ontario. For this current fiscal year 19,100 fishing rods were sold resulting in $364,825 of sales revenue, $120,900 of variable costs, and $34,200 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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