154) Nussbaum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (9,000 units) Variable expenses Contribution margin Fixed expenses 180,000 117,000 63,000 56,700 Net operating income 6,300 The number of units that must be sold to achieve a target profit of $16,100 is closest to: A) 32,000 units B) 19,400 units C) 10,400 units D) 23.000 units

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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154) Nussbaum Corporation has provided the following contribution format income statement.
Assume that the following information is within the relevant range.
Sales (9,000 units)
Variable expenses
Contribution margin
Fixed expenses
$
180,000
117,000
63,000
56,700
6,300
Net operating income
$
The number of units that must be sold to achieve a target profit of $16,100 is closest to:
A) 32,000 units
B) 19,400 units
C) 10,400 units
D) 23,000 units
Transcribed Image Text:154) Nussbaum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (9,000 units) Variable expenses Contribution margin Fixed expenses $ 180,000 117,000 63,000 56,700 6,300 Net operating income $ The number of units that must be sold to achieve a target profit of $16,100 is closest to: A) 32,000 units B) 19,400 units C) 10,400 units D) 23,000 units
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