Bridgeport Corporation has fixed costs of $4,360,300. It has a unit selling price of $9.10, unit...
Bridgeport Corporation has fixed costs of $4,360,300. It has a
unit selling price of $9.10, unit variable costs of $4.40, and a
target net income of $1,510,000.
Compute the required sales in units to achieve its target net
income.
|
enter a number of units for the Required sales |
Homework Answers
Contribution margin=Sales-Variable cost
=9.1-4.4=$4.7 per unit
Target Contribution margin=Fixed cost+Target profits
=4,360,300+1,510,000=$5870300
Hence target sales=$5870300/4.7
=1,249,000 units
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