The following information is extracted from the records of Johnson Corporation: Target profit Unit contribution margin Fixed expenses Contribution margin ratio (CM ratio) Selling price $ 120,000 $ 40 $ 40,000 400,000 units 400 units 1,600 units O 4,000 units 0.40 $ 100 Knowledge Check 01 What are the unit sales required to attain a target profit of $120,000?

Knowledge Check 01 What are the unit sales required to attain a target profit of $120,000 ? 400,000units400units1,600units4,000units