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

Question

Quizplus · Accepted Answer

Targeted net income = (Targeted sales volume in units * Contribution margin per unit) - Total fixed costs= (62,300 * $1.20) - $31,200= $74,760 - $31,200= $43,560

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