The following information is for Kinsner Corporation: - 12854

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ultimatetutor

ultimatetutor

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  • From: Business,
  • Posted on: Sun 22 Jul, 2012
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Request Description

The following information is for Kinsner Corporation: 

            

               Total fixed costs                    $313,500 

               Variable costs per unit                 $99 

               Selling price per unit                  $154 

               

     If management has a targeted net income of $46,200 (ignore income taxes), then the number of units that must be sold is _____. 

 

     a.     2,036 units 

     b.     2,336 units 

     c.     5,700 units 

     d.     6,540 units 

 
Solution Description

The following information is for Kinsner Corporation:
           
               Total fixed costs                    $313,500