What is the solution for this question CVP AnalysisUse the following to answer the questions belowX Company had the following information available for 2021:$250Selling price per unitVariable cost per unit$100Total fixed costs$120.000Based on the above, the unit contribution margin is: *O $150 Based on the above, how many units should the company sell to earn net incomeof $150,000? *O 3,700 units450,000 units1,800 unitsNone of the aboveBased on the above, and assuming that actual units sold is 1,500 units, theMargin of Safety in dollars is: *$45,000$175,000$75,000None of the above

Unit Contribution Margin = Selling Price - Variable Cost Per Unit Units to be sold for target profit…

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

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5MC: A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the...

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