7. Assignment Exercise 17-3 Target Operating Income (15 Marks) Acme Medical Supply Company desires a...
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| 7. Assignment Exercise 17-3 Target Operating Income (15 Marks) 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 target operating income and compute a contribution income statement to prove the totals. |
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