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Determine the required sales to meet target operating income

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Question - Jagswear Inc. earned operating income of $95,000 during 2020. The company wants to earn operating income of $160,000 during 2020. Its fixed costs are expected to be $42,720, and variable costs are expected to be 30%% of sales. Determine the required sales to meet the target operating income during 2020.

Reference no: EM133106085

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