Question
Test Company produced and sold 10,000 units at a price of $20 per unit for the month of July. The total cost of $185,000 included
Test Company produced and sold 10,000 units at a price of $20 per unit for the month of July. The total cost of $185,000 included $140,000 of variable costs. All remaining costs are fixed. Determine the dollar amount of sales revenue Test Company must generate to earn operating income of $21,000?
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
