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

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter15: Managing Short-term Assets
Section: Chapter Questions
Problem 17PROB
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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
||
...
Transcribed Image Text: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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