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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