Solved

If Fixed Costs Are $700,000 and the Unit Contribution Margin

Question 134

Multiple Choice

If fixed costs are $700,000 and the unit contribution margin is $17, what amount of units must be sold in order to realize an operating income of $100,000?


A) 5,000
B) 41,176
C) 47,059
D) 58,882

Correct Answer:

verifed

Verified

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

Related Questions

Q29: The difference between the current sales revenue

Q52: If yearly insurance premiums are increased, this

Q88: A business had a margin of safety

Q129: Harold Corporation just started business in January

Q135: For the current year ending January 31,

Q136: Which of the following is NOT an

Q137: The Waterfall Company sells a product for

Q138: Given the following:<br>Variable cost as a percentage

Q164: If the unit selling price is $40,

Q182: A low operating leverage is normal for