Kehler Corporation wished to market a new product for $2.00 a unit. Fixed costs to manufacture this
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Question:
Kehler Corporation wished to market a new product for $2.00 a unit. Fixed costs to manufacture this product are $100,000. The contribution margin is 40 percent. How many units must be sold to realize net income of $100,000 from this product?
a. 300,000
b. 350,000
c. 250,000
d. 200,000
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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