Homework Answers
Answer:-1)- Unit sales to earn the target income=40100 units.
2)- Dollar sales to earn the target income= $8822000.
Explanation:- Contribution margin per unit=Selling price per unit-Variable cost per unit
=$220 per unit-$176 per unit
=$44 per unit
Contribution margin ratio = (Contribution margin per unit/ Selling price per unit)*100
= ($44 per unit/$220 per unit)*100
= 20%
Unit sales required to earn target income=(Fixed cost+ Desired profit)/ Contribution margin per unit
= ($664400+$1100000)/$44 per unit
= 40100 units
Dollar sales required to earn target income=(Fixed cost+ Desired profit)/ Contribution margin ratio
= ($664400+$1100000)/20%
= $8822000
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Blanchard company manufactures a single product that sells for $220
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