Question Help * Bailey Motors is a smalar dealership. On average, it sells a car for $28,000, which it purchases from the manufacturer for $24,000. Each month, Bailey Motors pays $50,400 in rent and utilios and $68.000 for salespeoplo's Motors also spends $13,500 each month for local advertisements. Its tax rate is 40%. salaries. In addition to their salaries, salespeople are paid a commission of $400 for each car they sell. Bailey Read the requirements Test Target Targeted net income Tax rate )operating income The target monthly operating income is $ 115.200 Finally determine the formula to calculate the number of cars that are required to be sold Quantity of cars required to be sold Contribution margin per unit Target operating income They would need to sell cars to reach the target monthly income of $69.120 Enter any number in the edit fields and then click Check Answer Fixed costs Clear Al Check Answer part