Cassius Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (7,000 units)$210,000Variable expenses 136,500Contribution margin 73,500Fixed expenses 67,200Net operating income$6,300The number of units that must be sold to achieve a target profit of $31,500 is closest to:
A. 16,400 units
B. 42,000 units
C. 35,000 units
D. 9,400 units
Answer: D
You might also like to view...
What are the ramifications of improper electronic recycling, when analyzing the example of a single desktop computer?
A. One computer contains more than 700 chemicals that can be toxic to the environment. B. Computers in landfills can leak these toxic chemicals into our land, water, and air. C. Computers contain high levels of mercury, lead, and cadmium-harmful toxins. D. All of these.
A risk manager was asked to review all the loss exposures his company faces. The risk manager noted that the company obtained over 90 percent of its raw materials from one supplier
He voiced concern about business interruption if that supplier was closed for some reason. Acting on his recommendation, the company began to purchase raw materials from two other suppliers. Using multiple suppliers illustrates which risk control technique? A) risk avoidance B) duplication C) separation D) diversification
________ is the process of converting a data model into tables, relationships, and data constraints.
A. Database cross modeling B. Database design C. Data mining D. Database aggregation E. Database querying
The duties of a principal to an agent do not include:
a. cooperating with the agent b. allowing the agent "significant discretion" c. reimbursing the agent for any reasonable expense d. indemnifying the agent for legal liability incurred in completing the purpose of the agency e. all of the other choices are required