Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Union Company sold one product that had a sales price of $20 and variable cost per unit of $12. At its breakeven point, Union's contribution

image text in transcribed

Union Company sold one product that had a sales price of $20 and variable cost per unit of $12. At its breakeven point, Union's contribution margin was $80,000. How much does the company need it total sales to earn $45,000 in net income? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $306,500 b $292,500 $305,000 d $312,500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What The Numbers Mean

Authors: David Marshall

13th Edition

1264126743, 9781264126743

More Books

Students also viewed these Accounting questions

Question

What is management growth? What are its factors

Answered: 1 week ago