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Assume the following information: Amount Per Unit Sales $ 300,000 $ 40 Variable expenses 112,500 15 Contribution margin 187,500 $ 25 Fixed expenses 41,000 Net
Assume the following information:
| Amount | Per Unit | |||||||||
| Sales | $ | 300,000 | $ | 40 | ||||||
| Variable expenses | 112,500 | 15 | ||||||||
| Contribution margin | 187,500 | $ | 25 | |||||||
| Fixed expenses | 41,000 | |||||||||
| Net operating income | $ | 146,500 | ||||||||
The dollar sales to attain a target profit of $212,000 is:
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
9th Edition
9781259722660
