Question
Presented below is Oxford Ltd.s income statement for 20x5: Sales (39972 units) $895964 Variable costs -351708 Contribution Margin 544256 Fixed Expenses -192028 Operating Income 352228
Presented below is Oxford Ltd.s income statement for 20x5:
|
| Sales (39972 units) | $895964 |
|
| Variable costs | -351708 |
|
| Contribution Margin | 544256 |
|
| Fixed Expenses | -192028 |
|
| Operating Income | 352228 |
|
| Income tax expense | -144413 |
|
| Net Income | $207815 |
How many units must Oxford Ltd. sell in order to generate net income equal to $261128?
Select one:
a. 46608 units
b. 56409 units
c. 33281 units
d. 60879 units
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Whispers In The Auditing Room
Authors: Azhar UL Haque
1st Edition
B0C63ZTK27, 979-8223789352
