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Question
assume the following: (1) desired target operating income $20,000; unit price for sales $500; variable costs per unit $300; total fixed cost $10,000. (2) we have applied the formula to calculate the contribution margin method of determining target operating income, and have arrived at a numerator amount of $30,000 (20,000 plus 10,000) and a denominator amount of $200 (500 minus 300). (3) these figures yield an answer of 150 units (30,000 divided by 200). what is the required revenue to achieve the target operating income of $20,000?
a. $30,000
b. $45,000
c. $75,000
d. $150,000
e. none of the above
Answer
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