Excerpts from a cost-volume-profit analysis indicate fixed costs of $49,000, a c
ID: 2344616 • Letter: E
Question
Excerpts from a cost-volume-profit analysis indicate fixed costs of $49,000, a contribution margin per unit of $35, a selling price of $90, and a sales level of 4,000 units. What must be the targeted level of profit? a. $140,000 b. $91,000 c. $81,000 d. $106,000
Excerpts from a cost-volume-profit analysis indicate fixed costs of $49,000, a contribution margin per unit of $35, a selling price of $90, and a sales level of 4,000 units. What must be the targeted level of profit? a. $140,000 b. $91,000 c. $81,000 d. $106,000
Explanation / Answer
Profit =35*4000-49,000 = $91,000.00 b. $91,000
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