Solution-What are lili fixed costs

What are lili fixed costs

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1. Koby Company has revenues of $200,000, variable costs of $150,000, fixed costs of $60,000, and an operating loss of $10,000. By how much would Koby need to increase its revenues in order to achieve a target operating income of 10% of revenues?

2. Lili has revenues of $200,000, a contribution margin of 20%, and a margin of safety of $80,000. What are Lili's fixed costs?

Reference no: EM133022882

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What are lili fixed costs

Reference no: EM133022882

Reference no: EM133022882

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