Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

If the contribution margin is $10, the selling price per unit is $25 and the fixed costs are $45,000, to earn a target net profit

If the contribution margin is $10, the selling price per unit is $25 and the fixed costs are $45,000, to earn a target net profit before tax of $50,000, the sales revenue must be:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

5. Which of the following could be considered as a ratio level variable? a) Occupation of participants b) Time taken to complete a programme of physiotherapy c) Ratings on a five-point scale for...

Answered: 1 week ago

Question

★★★★★

The accountant for Ronaldo Company makes the assumptions or performs the activities listed below. Tell which of the following concepts of accrual accounting most directly relates to each assumption...

Answered: 1 week ago

Question

★★★★★

QUESTION 4 An employee earned $61,200 during the year working for an employer. The FICA tax rate for Social Security is 6.2%of the first $128,400 of employee earnings per calendar year and the FICA...

Answered: 1 week ago

Question

★★★★★

Manufacturers Southern leased high-tech electronic equipment from International Machines on January 1, 2018. International Machines manufactured the equipment at a cost of $85,000. Manufacturers...

Answered: 1 week ago

Question

★★★★★

Obje For Exercises 39-40, determine whether the intermediate value theorem guarantees that the function has a zero on the given interval. (See Example 5) - 39. f(x)=2x-7x14x + 30 a. [1, 2] c. [3,4]...

Answered: 1 week ago

Question

★★★★★

A rocket thrust chamber contains a propellant of molecular weight M = 25 and a specific heat ratio of ? = 1.2. The chamber pressure is pc = pt = 10 MPa, and the combustion temperature is Tc = Tt =...

Answered: 1 week ago

Question

★★★★★

Give at least 5 possible survey questions for research study entitled "The level of customer satisfaction towards self ordering kiosk on selected fast food chains" that are answerable by "satisfied,...

Answered: 1 week ago

Question

★★★★★

11. A movie screen on a wall is 20 feet high and 10 feet above the floor. At what distance x from the front of the room should you position yourself so that the viewing angle of the movie screen is...

Answered: 1 week ago

Question

★★★★★

How to create spreadsheets? Understand data in today's business world Create a post that is at least three sentences long

Answered: 1 week ago

Previous Question Next Question