Answer the following question(s) using the information below.After conducting a market research study, Schultz Manufacturing decided to produce a new interior door to complement its exterior door line.It is estimated that the new interior door can be sold at a target price of $60.The annual target sales volume for interior doors is 20,000.Schultz has target operating income of 20% of sales.
-What is the target operating income?
A) $240,000
B) $360,000
C) $200,000
D) $192,000
E) $400,000
Correct Answer:
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