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Which of the following formulas in cell D13 correctly calculates the dollar amount of sales required to achieve the targeted pretax Income? Hint Remember that
Which of the following formulas in cell D13 correctly calculates the dollar amount of sales required to achieve the targeted pretax Income? Hint Remember that Excel uses the order of operations. PARENTHESES then EXPONENTS then MULTIPLICATION and DIVISION then ADDITION and SUBTRACTION. Use parentheses around any calculations in either the numerator or denominator D $700,000 A B 1 Target pretax income 2 3 Units $ per unit 4 Sales 2,000 $500 5 Variable costs 2,000 $300 6 Contribution margin 7 Fixed costs 8 Pretax income 9 10 1) Compute the number of break-even units 11 2) Compute the break-even point in sales dollars 12 3) Sales (units) to achieve targeted pretax income of $700,000 134) Sales (dollars) to achieve targeted pretax income of $700,000 Total $1,000,000 600,000 400,000 210,000 $190,000 1,050 $210,000 4,550 $2,275,000
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