How many units would the company have to sell to attain the targ... The following is Addison Corporation's contribution format income statement for last month: Sales $1,393,800 Variable expenses 864,156 Contribution margin 529,644 Fixed expenses 165,000 Net operating income $ 364,644 The company has no beginning or ending inventories. A total of 20,200 units were produced and sold last month. How many units would the company have to sell to attain the target profit of $461,658? 29,607 39,400 23,900 26,900

How many units would the company have to sell to attain the targ...

The following is Addison Corporation's contribution format income statement for last month:

Sales	$1,393,800
Variable expenses	864,156
Contribution margin	529,644
Fixed expenses	165,000
Net operating income	$ 364,644

The company has no beginning or ending inventories. A total of 20,200 units were produced and sold last month.
How many units would the company have to sell to attain the target profit of $461,658?

	29,607
	39,400
	23,900
	26,900

 

Answer
23,900