Jefferson Company reported the following information for

September:

variable costs $...................$ $$26$ per unit

fixed costs $....................$ $$156,000$

contribution margin ratio $.........60\%$

margin of safety $................$ $$650,000$

Calculate the number of units Jefferson Company needed to

sell in September in order to earn a target profit equal

to $35\%$ of sales.

Transcribed Image Text:

Jefferson Company reported the following information for September: variable costs ..... fixed costs contribution margin ratio margin of safety $26 per unit $156,000 60% $650,000 Calculate the number of units Jefferson Company needed to sell in September in order to earn a target profit equal to 35% of sales. Jefferson Company reported the following information for September: variable costs ..... fixed costs contribution margin ratio margin of safety $26 per unit $156,000 60% $650,000 Calculate the number of units Jefferson Company needed to sell in September in order to earn a target profit equal to 35% of sales.

Answer rating: 100% (QA)

To calculate the number of units Jefferson Company needed to sell in September to earn a target profit equal to 35 of sales we will use the costvolume... View the full answer