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Based on the above, how many units should the company sell to earn net income of $150,000? * O 3,700 units 450,000 units O 1,800 units None of the above Based on the above, and assuming that actual units sold is 1,500 units, the Margin of Safety in dollars is: * $45,000 $175,000 $75,000 None of the above

Based on the above, how many units should the company sell to earn net income of $150,000? * O 3,700 units 450,000 units O 1,800 units None of the above Based on the above, and assuming that actual units sold is 1,500 units, the Margin of Safety in dollars is: * $45,000 $175,000 $75,000 None of the above

FINANCIAL ACCOUNTING
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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CVP Analysis Use the following to answer the questions below X Company had the following information available for 2021: $250 Selling price per unit Variable cost per unit $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is: * O $150
Transcribed Image Text:CVP Analysis Use the following to answer the questions below X Company had the following information available for 2021: $250 Selling price per unit Variable cost per unit $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is: * O $150
Based on the above, how many units should the company sell to earn net income of $150,000? * O 3,700 units 450,000 units 1,800 units None of the above Based on the above, and assuming that actual units sold is 1,500 units, the Margin of Safety in dollars is: * $45,000 $175,000 $75,000 None of the above
Transcribed Image Text:Based on the above, how many units should the company sell to earn net income of $150,000? * O 3,700 units 450,000 units 1,800 units None of the above Based on the above, and assuming that actual units sold is 1,500 units, the Margin of Safety in dollars is: * $45,000 $175,000 $75,000 None of the above
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