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17. If the formula for Target Operating Income is: N= Fixed Costs + Target Operating Income Contribution Margin Per Unit And, if target operating income is $ 3200 Unit price for sales is $200 Variable cost per unit is $ 120 Total fixed cost is $4000 What is the contribution margin per unit?

17. If the formula for Target Operating Income is: N= Fixed Costs + Target Operating Income Contribution Margin Per Unit And, if target operating income is $ 3200 Unit price for sales is $200 Variable cost per unit is $ 120 Total fixed cost is $4000 What is the contribution margin per unit?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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17. If the formula for Target Operating Income is: N= Fixed Costs + Target Operating Income Contribution Margin Per Unit And, if target operating income is $ 3200 Unit price for sales is $200 Variable cost per unit is $ 120 Total fixed cost is $ 4000 What is the contribution margin per unit?
Transcribed Image Text:17. If the formula for Target Operating Income is: N= Fixed Costs + Target Operating Income Contribution Margin Per Unit And, if target operating income is $ 3200 Unit price for sales is $200 Variable cost per unit is $ 120 Total fixed cost is $ 4000 What is the contribution margin per unit?
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