Top Posters
Since Sunday
j
7
s
7
6
e
6
6
b
6
f
6
s
6
6
j
5
n
5
p
5
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
thedrunkmind thedrunkmind
wrote...
Go to Answer
Posts: 63
Rep: 0 0
A week ago
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
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 8 times
1 Reply
Replies
Answer verified by a subject expert
romeo_izzy13romeo_izzy13
wrote...
#1
Posts: 62
Rep: 0 0
A week ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$168,000

($1,360,000 × .30) - $240,000 = $168,000
1

Related Topics

thedrunkmind Author
wrote...

A week ago
This helped my grade so much Perfect
Katey_maree
wrote...

Yesterday
Smart ... Thanks!
SUmmerPeople
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  78 People Browsing
 459 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 235
  
 179
  
 104
Your Opinion
Where do you get your textbooks?
Votes: 212
Previous poll results: What's your favorite coffee beverage?