This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Miguel Manufacturing has fixed costs of $2,500,000 and variable costs are 40% of sales. What are the ... (Read 38 times)

lingual

  • Full Member
  • ***
  • Posts: 145
on: Feb 5, 2023

Question 1

A company requires $1,360,000 in sales to meet its operating income target. Its contribution margin is 30%, and fixed costs are $240,000. What is the target operating income?
◦ $312,000
◦ $168,000
◦ $560,000
◦ $408,000

Question 2

Miguel Manufacturing has fixed costs of $2,500,000 and variable costs are 40% of sales. What are the required sales if Miguel desires an operating income of $250,000?
◦ $4,166,667
◦ $6,250,000
◦ $6,875,000
◦ $4,583,333
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lingual on Feb 5, 2023

Khareemom14

  • Full Member
  • ***
  • Posts: 163
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


lingual

  • Member
  • Posts: 145
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ... The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ...
A cutaway view of a typical variable fuel sensor. A cutaway view of a typical variable fuel sensor.
An overhead camshaft engine equipped with variable valve timing on both the intake and exhaust ... An overhead camshaft engine equipped with variable valve timing on both the intake and exhaust ...
Variable Gases: Carbon Dioxide Variable Gases: Carbon Dioxide
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Dagny Taggart is a graduating college senior and she is considering the costs of going to ... Dagny Taggart is a graduating college senior and she is considering the costs of going to ...
Video: Role of complement proteins

For a complete list of videos, visit our video library