Homework Answers
Answer is 6,500 units
Contribution Margin per unit = Selling Price per unit - Variable
Cost per unit
Contribution Margin per unit = $150 - $90
Contribution Margin per unit = $60
Required Sales in units = (Fixed Costs + Target Operating
Income) / Contribution Margin per unit
Required Sales in units = ($300,000 + $90,000) / $60
Required Sales in units = $390,000 / $60
Required Sales in units = 6,500
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QUESTION 5 Northenscold Company sells several products. Information of average revenue and costs is as follows:...
QUESTION 5 Northenscold Company sells several products. Information of average revenue and costs is as follows:...
QUESTION 5 Northenscold Company sells several products. Information of average revenue and costs is as follows: $150 per unit Selling price Variable costs $90 per unit $300,000 Total fixed costs If targeted operating income is $120,000, then targeted sales revenue is: $1,050,000 $700,000 $500,000 $750,000
QUESTIONS Northenscold Company sells several products. Information of average revenue and costs is as follows: $150...
QUESTIONS Northenscold Company sells several products. Information of average revenue and costs is as follows: $150 per unit Selling price $90 per unit Variable costs $300,000 Total fixed costs If targeted operating income is $120,000, then targeted sales revenue is: $1,050,000 $700,000 $500,000 $750,000
Question 11 Bell Company sells several products. Information of average revenue and costs is as follows:...
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QUESTIONS Northenscold Company sells several products. Information of average revenue and costs is as follows: $150 per unit Selling price $90 per unit Variable costs $300,000 Total fixed costs If targeted operating income is $120,000, then targeted sales revenue is: $1,050,000 $700,000 $500,000 $750,000
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