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The following is Addison Corporations contribution format income statements for last month. The company has no beginning or ending inventories. A total of 10,000 units
The following is Addison Corporations contribution format income statements for last month.
The company has no beginning or ending inventories. A total of 10,000 units were produced and sold last month.
The following is last months contribution format income statement:
Sales (10,000 units). $ 1,200,000
Variable expenses .. 800,000
Contribution margin 400,000
Fixed expenses 240,000
Net operating income.. $ 160,000
How many units would the company have to sell to attain the target profit of $180,000 ?
A) 4,500 | ||
B) 10,500 | ||
C) 105,000 | ||
D) 6,000 |
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