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Author Question: Miguel Manufacturing has fixed costs of $2,500,000 and variable costs are 40% of sales. What are the ... (Read 13 times)

lingual

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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
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Marked as best answer by lingual on Feb 5, 2023

Khareemom14

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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.
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lingual

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

hollysheppard095

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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