Compute the required revenue to achieve the target, Finance Basics

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Compute the required revenue to achieve the target

Acme Medical Supply Company desires a target operating income amount of $100,000, with assumption inputs as follows:

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

Compute the required revenue to achieve the target operating income and compute a contribution income statement to prove the totals.

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Finance Basics: Compute the required revenue to achieve the target

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Finance Basics: Compute the required revenue to achieve the target

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