Question
Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $20,000 of variable costs, and $10,000 of fixed costs.
Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $20,000 of variable costs, and $10,000 of fixed costs.
To achieve $100,000 in operating income, sales must total:
A) $440,000
B) $160,000
C) $130,000
D) None of these answers are correct.
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