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Pharoah Inc. earned operating income of $90,000 during 2021. The company wants to earn operating income of $126,000 during 2022. Its fixed costs are
Pharoah Inc. earned operating income of $90,000 during 2021. The company wants to earn operating income of $126,000 during 2022. Its fixed costs are expected to be $50,400, and variable costs are expected to be 30% of sales. (a) Determine the required sales to meet the target operating income during 2022. Required sales $ eTextbook and Media Save for Later (b) 13 Attempts: 0 of 3 used Submit Answer this action must be completed in order. This part will be available when you complete the part above.
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