Brief Exercise 1812 Deines Corporation has fixed costs of 35

Brief Exercise 18-12 Deines Corporation has fixed costs of $3,514,880. It has a unit selling price of $9.07, unit variable cost of $5.01, and a target net income of $1,552,000. Compute the required sales in units to achieve its target net income. Required sales units

Solution

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Selling price per unit                     9.07 Variable cost per unit                     5.01 Contribution margin per unit = 9.07 - 5.01                     4.06 Fixed costs    3,514,880.00 Net Income    1,552,000.00 Desired contribution    5,066,880.00 Required sales in Units = 5066,880/4.06    1,248,000.00