Cullumber Corporation has fixed costs of $492,200. It has a unit selling price of $7.60, unit...
Cullumber Corporation has fixed costs of $492,200. It has a unit
selling price of $7.60, unit variable cost of $6.00, and a target
net income of $1,535,000.
Compute the required sales in units to achieve its target net
income.
| Required sales |
enter the required sales in units |
units |
Homework Answers
Selling Price = $7.60
Less: Variable cost = $6.00
Contribution Margin per unit = $1.60
Required sales = [Fixed Cost + Target net income] / Contribution Margin per unit
Required sales = [$492,200 + $1,535,000] / $1.60
Required sales = 1,267,000 units
So, the required sales in units are 1,267,000 units
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