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

Goal working revenue | Enterprise & Finance homework assist

Income Required to Obtain Goal Working Earnings:

Goal Working Earnings = $150,000
Contribution Margin = 20%

($150,000 ÷ 0.20) = $750,000

Contribution Earnings Assertion:

Income $750,000
Variable Prices $(500,000)
Contribution Margin $250,000
Mounted Prices $(100,000)
Working Earnings $150,000

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