Author Question: The formula for calculating units required to meet target operating income is (Read 42 times)

meganh99 · **on:** Feb 5, 2023

Question 1

Barbara's Boutique wants to know what it takes to have $20,000 in operating income. If her selling price is $20, variable cost is $8 and fixed costs total $40,000, what must her sales revenue be in order to reach her goal?
◦ $33,340
◦ $100,000
◦ $50,000
◦ $150,000

Question 2

The formula for calculating units required to meet target operating income is
◦ (total fixed costs plus target operating income) divided by contribution margin per unit.
◦ (contribution margin plus target operating income) divided by total fixed costs.
◦ total fixed costs divided by (contribution margin plus target operating income).
◦ contribution margin per unit divided by (total fixed costs plus target operating income).

avelasquez · **Reply #1 on:** Feb 5, 2023

A FREE account is required to view all solutions!

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 29% of students answer this correctly