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I just need help on question 2, How many units must be sold to earn an operating income of $88,594? I've already tried 271,875 and
I just need help on question 2, How many units must be sold to earn an operating income of $88,594? I've already tried 271,875 and 271875.03 and they are both wrong.
Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $ per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent. $ per unit 1(c). Compute contribution margin ratio. Enter to one decimal point. % 1(d). Compute break-even point in units. Reminder: round-up to ensure partial units are completed. units 1(e). Compute break-even point in sales dollars. $ 2. How many units must be sold to earn operating income of $88,594 ? X unitsStep by Step Solution
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