Answer:
$8,200,000
Explanation:
Operating income = Revenue - Cost of goods sold
Provided revenue = $50 per unit
For 200,000 units
Total Revenue = 200,000 [tex]\times[/tex] $50 = $10,000,000
Desired operating income = 15% of Total assets
Total assets = $12,000,000
Desired operating income in dollars = $12,000,000 [tex]\times[/tex] 15%
= $1,800,000
Total revenue - Operating profit = Cost of goods sold = $10,000,000 - $1,800,000 = $8,200,000
