September – December 2023 Target Operating Income
Business & Finance
Acme Medical Supply Company desires a target operating income amount of $100,000, with assumptions inputs as follows:Deisred (target) operating income amount = $100,000Unit Price for sales = $80Variable cost per unit = $60Total fixed cost = $60,000Compute the required revenue to achieve the target operating income and compute a contribution income statement to prove the totals.
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