What is sale volume required to earn target operating income

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Problem 1: A company sells one product with a variable cost ratio of 60%. Fixed costs are $200,000 per year. What is the sales volume (in dollars) required to earn target operating income of $400,000 per year?

Reference no: EM132819185

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What is sale volume required to earn target operating income : Fixed costs are $200,000 per year. What is the sales volume (in dollars) required to earn target operating income of $400,000 per year?
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