Falls Company has a contribution margin of $32 per unit and fixed costs of $500,000,and it desires to earn a profit of $100,000.What is the sales volume in units required to achieve this desired profit?
A) 3,125 units
B) 18,750 units
C) 15,625 units
D) 12,500 units
Correct Answer:
Verified
Q68: Wayans Company has a contribution margin ratio
Q69: Jensen Company has a contribution margin ratio
Q70: Select the incorrect statement regarding cost-volume-profit relationships
Q71: For a company using target costing,market price
Q72: Which of the following statements regarding Company
Q74: Sharon Company has variable costs of $80
Q75: Joseph Company has variable costs of $80
Q76: Contribution margin ratio will remain the same
Q77: Select the correct statement regarding break-even point
Q78: Bloom Company has variable cost per unit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents