Calculating contribution income statement


Acme Medical Supply Company wants a target operating income amount of $100,000, with supposition inputs as shown:

• Desired (target) operating income amount   $100,000
• Unit price for sales   $80
• Variable cost per unit   $60
• Total fixed cost   $60,000

Calculate the required revenue to accomplish the target operating income and calculate a contribution income statement to prove the totals.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Calculating contribution income statement
Reference No:- TGS018652

Expected delivery within 24 Hours