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Homework Answers
Answer
- Current sales price = $ 25000 sales / 1000 units = $ 25
- Current contribution margin per unit = $ 7500 / 1000 units = $ 7.5
- Requirement #10
>Total contribution margin required
to earn target profit = $ 4500 target profit + $ 4200 fixed cost =
$ 8700
>Total contribution margin per unit = $ 7.50
No of units required to be sold to earn target profits = $ 8700 / $
7.50
= 1,160 units
ANSWER
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