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9. Siverquick sells a single product. They want to achieve a target incon many units of the product do they have to sell to achieve

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9. Siverquick sells a single product. They want to achieve a target incon many units of the product do they have to sell to achieve the target? Oct. They want to achieve a target income of $60,000 next year Price $20.00 Contribution margin ratio Annual fixed expenses 40% $240,000 A. 37,500 units B. 30,000 units C. 25,000 units D. 7,500 units E. None of the above. 10. Redstone Company has gathered the following total cost information for the year ended December 31, 2012. There were no beginning or ending inventories. The company produced and sold 10,000 units Sales Revenue $60,000 Direct materials 9,000 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expense Fixed selling and administrative expense 7,000 2,000 10,000 6,000 10,000 The company's margin of safety (in dollars) for 2012 is closest to: A. $60,000 B. $45,714 C. $31,429 D. $26,667 E. None of the above

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