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Target Sales Given Target Net Income

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Variable cost for Little Lucy Pie Company is 40% of sales and the break-even point in sales is $600,000. If target net operating income is $120,000, target sales would be

A) $960,000.

B) $900,000.

C) $840,000.

D) $800,000.

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Solution Summary

The solution explains how to determine the target sales to achieve a given target income

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