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Author Question: Thomas Corporation has a targeted operating income of $500,000 for the upcoming year. The selling ... (Read 38 times)

CQXA

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Thomas Corporation has a targeted operating income of $500,000 for the upcoming year.  The selling price of their single product is $35.50 each, while the variable cost per unit is $10.50.  Fixed costs total $270,000.

Calculate the following:
1.  Contribution margin per unit
2.  Break-even point in units
3.  Units to be sold to earn the targeted operating income


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Marked as best answer by CQXA on Jan 5, 2020

firehawk60

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CQXA

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Reply 2 on: Jan 5, 2020
Wow, this really help


ASDFGJLO

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Reply 3 on: Yesterday
Excellent

 

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