Based on the above, how many units should the company sell to earn net income of $150,000? * O 3,700 units 450,000 units O 1,800 units None of the above Based on the above, and assuming that actual units sold is 1,500 units, the Margin of Safety in dollars is: * $45,000 $175,000 $75,000 None of the above

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...
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CVP Analysis
Use the following to answer the questions below
X Company had the following information available for 2021:
$250
Selling price per unit
Variable cost per unit
$100
Total fixed costs
$120.000
Based on the above, the unit contribution margin is: *
O $150
Transcribed Image Text:CVP Analysis Use the following to answer the questions below X Company had the following information available for 2021: $250 Selling price per unit Variable cost per unit $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is: * O $150
Based on the above, how many units should the company sell to earn net income
of $150,000? *
O 3,700 units
450,000 units
1,800 units
None of the above
Based on the above, and assuming that actual units sold is 1,500 units, the
Margin of Safety in dollars is: *
$45,000
$175,000
$75,000
None of the above
Transcribed Image Text:Based on the above, how many units should the company sell to earn net income of $150,000? * O 3,700 units 450,000 units 1,800 units None of the above Based on the above, and assuming that actual units sold is 1,500 units, the Margin of Safety in dollars is: * $45,000 $175,000 $75,000 None of the above
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