Co. Inc. is looking to achieve a net income of 15 percent of sales. Here's the firm's

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Co. Inc. is looking to achieve a net income of 15 percent of sales. Here's the firm's profile: Unit sales price is $10; variable cost per unit is $6; total fixed costs are $40,000. What is the level of sales in units required to achieve a net income of 15 percent of sales?
A) 12,000 units
B) 21,000 units
C) 16,000 units
D) 20,000 units
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Managerial Accounting

ISBN: 9780073526706

12th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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