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thedrunkmind thedrunkmind
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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


Edition: 4th
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romeo_izzy13romeo_izzy13
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A week ago
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More solutions for this book are available here
$168,000

($1,360,000 × .30) - $240,000 = $168,000
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This helped my grade so much Perfect
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Smart ... Thanks!
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this is exactly what I needed
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