Acme Medical Supply Company desires a target operating income amount
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Acme Medical Supply Company desires a target operating income amount

Acme Medical Supply Company desires a target operating income amount of $100,000, with assumptions inputs as follows:

Deisred (target) operating income amount = $100,000

Unit Price for sales = $80

Variable cost per unit = $60

Total fixed cost = $60,000

Compute the required revenue to achieve the target operating income and compute a contribution income statement to prove the totals.

Hint
Accounts & FinanceRevenue requirements are the total revenue that must be obtained to cover the costs associated with the project through annual revenue collection. A simple way to solve for revenue is through the multiplication of the number of sales with the sales price or the average service price....

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