The manager at the Yarn Shoppe needs to determine the target price per wool yarn...
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Accounting
The manager at the Yarn Shoppe needs to determine the target price per wool yarn so that she can sell 50 yarns and earn an operating income of? $1,250.
Review the following information and calculate what the price should? be:
Target contribution margin ?$3.150
Fixed costs ?1,900
Targeted operating income ?$1,250
Variable cost per unit 25
A. ?$90.
B. ?$80.
C. $70.
D. ?$88.
E.?$71.
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