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Thanksgiving Inc. manufactures and sells its product i-radio. Its contribution margin is 30% and the price/unit is $100. The company reaches the breakeven point when
Thanksgiving Inc. manufactures and sells its product i-radio. Its contribution margin is 30% and the price/unit is $100. The company reaches the breakeven point when it sells 500 unites. What is the total number of units that needs to be sold to achieve a net income of $18,000?
- 600 unites
- None of the above
- 1,000 units
- 1,1000 unites
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