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

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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