Target Income Sales

In cost accounting, Target Income Sales are the sales necessary to achieve a given Target Income (or Targeted Income). It can be measured either in units or in currency (sales proceeds), and can be computed using contribution margin similarly to break-even point:

$\begin{align} &\text{Target Income Sales (in Units)} & &= \frac{\text{Fixed Costs}+\text{Target Income}}{\text{Unit Contribution}}\\ &\text{Target Income Sales (in Sales proceeds)} & &= \frac{\text{Fixed Costs}+\text{Target Income}}{\text{Contribution Margin Ratio}} \end{align}$

Read more about Target Income Sales: See Also

Famous quotes containing the words target, income and/or sales:

“But this we know, the obstacle that checked
And tripped the body, shot the spirit on
Further than target ever showed or shone.”
—Robert Frost (1874–1963)

“The question for the country now is how to secure a more equal distribution of property among the people. There can be no republican institutions with vast masses of property permanently in a few hands, and large masses of voters without property.... Let no man get by inheritance, or by will, more than will produce at four per cent interest an income ... of fifteen thousand dollars] per year, or an estate of five hundred thousand dollars.”
—Rutherford Birchard Hayes (1822–1893)

“Make friends with the angels, who though invisible are always with you.... Often invoke them, constantly praise them, and make good use of their help and assistance in all your temporal and spiritual affairs.”
—St. Francis De Sales (1567–1622)