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The following data are for Lily Kay Company: Total sales revenue: $377.000 Number of units sold: 65.000 units Net income: $55.000 . Fixed costs: $157,000
The following data are for Lily Kay Company: Total sales revenue: $377.000 Number of units sold: 65.000 units Net income: $55.000 . Fixed costs: $157,000 Calculate the number of units that must be sold to generate net income of $36,000. Note: Due to differences in rounding, your answer may differ slightly from the options below. Select the option closest to your computed answer. O 65,000 Units O 76,030 Units 59.175 Units 0 48,137 Units The following data are from Woodmen-Roberts Company for Year 1: . Breakeven sales volume $291,000 Contribution margin percentage 35% Determine the sales amount required to achieve a target net income of $57,000. O $378,692 $244,385 O $703,286 O $453,857
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