Compute required revenue to achieve target operating income

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Reference no: EM13771707

Acme Medical Supply Company desires a target operating income amount of $100,000, with assumption inputs as follows:

  • Desired (target) operating income amount$100,000
  • Unit price for sales$80
  • Variable cost per unit$60
  • Total fixed cost$60,000

Compute the required revenue to achieve the target operating income and compute a contribution income statement to prove the totals.

Reference no: EM13771707

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