6) Company A wants to earn $5,000 profit in the month of January. If their fixed costs are $10,000 and their product has a per-unit contribution margin of $250, how many units must they sell to reach their target income? a) 40 b) 60 c) 20 d) 120

6) Company A wants to earn $5,000 profit in the month of January. If their fixed costs are $10,000 and their product has a per-unit contribution margin of $250, how many units must they sell to reach their target income? a) 40 b) 60 c) 20 d) 120

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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Question

What is the answer for number 6?

8:20 M
Accs 115 final exam (1)
6) Company A wants to earn $5,000 profit in
the month of January. If their fixed costs are
$10,000 and their product has a per-unit
contribution margin of $250, how many
units must they sell to reach their target
income?
a) 40
b) 60
c) 20
d) 120
||
...

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