menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introduction to Management Accounting Study Set 2
  4. Exam
    Exam 2: Introduction to Cost Behavior and Cost-Volume Relationships
  5. Question
    If Targeted Sales Volume in Units Is 62,300, Total Fixed
Solved

If Targeted Sales Volume in Units Is 62,300, Total Fixed

Question 122

Question 122

Multiple Choice

If targeted sales volume in units is 62,300, total fixed costs are $31,200, and contribution margin per unit is $1.20, then the targeted net income is _____.


A) $31,200
B) $43,560
C) $37,440
D) $74,760

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: The CVP graph uses the assumption that

Q40: The break-even point may be reduced by

Q74: A good example of a cost driver

Q117: An increase in fixed costs usually indicates

Q118: As the level of activity decreases within

Q119: Hug Me Company produces dolls.Each doll sells

Q120: Number of engineering hours is a likely

Q123: The break-even point is when enough units

Q125: Suppose a Holiday Inn Hotel has annual

Q126: If total fixed costs are $84,000, contribution

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines