To find the number of units that need to be sold in order to breakeven or generate a target profit, the formula used is
a. (fixed expenses + operating income) / contribution margin ratio.
b. (fixed expenses minus operating income) / contribution margin per unit.
c. (fixed expenses + operating income) / contribution margin per unit.
d. (fixed expenses minus operating income) / contribution margin ratio.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “To find the number of units that need to be sold in order to breakeven or generate a target profit, the formula used is a. (fixed expenses ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $150 per unit. The company's annual fixed costs are $635,000.
Answers (1)
The cost of the next best alternative use of money, time, or resources, when one choice is made rather than another Question 7 options: opportunity cost User Assessment Alternative Banking Search Cost
Answers (1)
On january 1, a company issues bonds dated january 1 with a par value of $240,000. the bonds mature in 5 years. the contract rate is 11%, and interest is paid semiannually on june 30 and december 31.
Answers (1)
Once established, company cultures can be embedded and perpetuated by
Answers (1)
What is the difference between an employee and applicant?
Answers (1)
New Questions in Business
Gault Corporation had the following shares of stock outstanding on December 31, 2018: Common stock, $50 par value, 200,000 shares outstanding Preferred stock, 8 percent, $100 par value, cumulative, 20,000 shares outstanding Dividends were in arrears
Answers (1)
An economy begins in long-run equilibrium, and then a change in government regulations allows banks to start paying interest on check - ing accounts.
Answers (1)
What effect does the availability of many substitutes have on the elasticity of demand for a good?
Answers (1)
What strategies do companies use for their financial benefit
Answers (1)
1. On March 1, a business paid $3,600 for a twelve month liability insurance policy. On April 1 the same business entered into a two-year rental contract for equipment at a total cost of $18,000.
Answers (1)