Meow Cat Toys utilizes Lincoln Fabrics by purchasing the fabric to cover toy mice for its mouse toy division. As it pertains to Lincoln Fabrics, what decision situation does this create?

sell or process further

make-or-buy

budgeting

relevant costing

For Blossom Company, variable costs are 70% of sales and fixed costs are $156,000. Calculate the required sales in dollars that are needed to achieve managements target operating income of $60,000. (Use the contribution margin approach.)

Sales to achieve target net income

$enter the required sales to achieve target net income in dollars

Sheridan Inc. sells its product for $25 per unit and variable costs are $16 per unit. Its fixed costs are $155,400. Calculate the required sales in units to achieve its target operating income of 10% of total costs. (Round answer to 0 decimal places, e.g. 125.)

Required sales

enter the required sales in units rounded to 0 decimal places

units