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What is the target operating income

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Question1 : After conducting a market research study, Abeer Factory decided to produce a new perfume. It is estimated that the new perfume can be sold at a target price of $240. The annual target sales volume for the perfume is 20,000 bottles. Abeer Factory has target operating income of 20% of sales. What is the target operating income?

Option a. $960,000

Option b. $3,840,000

Option c. $4,800,000

Option d. $5,760,000

Reference no: EM132516130

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