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Trantham Company is a management consulting firm. Last month, Trantham completed a consulting job for Client 76 and assigned total costs of $15,700 to the
Trantham Company is a management consulting firm. Last month, Trantham completed a consulting job for Client 76 and assigned total costs of $15,700 to the job. Trantham desires a 20% target operating income after covering all costs. What would Trantham have to charge the customer to achieve that operating income? Round to two decimal places. Select the formula, then enter the amounts to compute the required service revenue to achieve the desired operating income. Required service revenue
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