Question - Consider the following information: Selling price per unit=$25, Contribution margin=$10, Fixed costs=$45,000
1. What is the number of units that must be sold to breakeven?
2. To earn a targeted net profit of $50,000 the total dollar value of sales must be at least: a) $8,000, b) $237,500, c) $112,500, d) $122,500, e) $10,000.