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Author Question: Assume total fixed costs of $160,000, variable costs per unit of $6, and contribution margin per ... (Read 29 times)

ninaj

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Question 1

Assume total fixed costs of $160,000, variable costs per unit of $6, and contribution margin per unit of $4. What are the sales dollars required to meet a target operating income of $50,000?
◦ $525,000
◦ $160,000
◦ $210,000
◦ $315,000

Question 2

Assume total fixed costs of $160,000, variable costs per unit of $6, and contribution margin per unit of $4. What are the sales dollars required to earn a target net income of $50,000 assuming a tax rate of 20%?
◦ $556,250
◦ $500,000
◦ $350,000
◦ $525,000


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Marked as best answer by ninaj on Feb 5, 2023

Asfa

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ninaj

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


cam1229

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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