The CEO of RV USA Is Trying to Estimate Sales

question 66

Short Answer

The CEO of RV USA is trying to estimate sales based on a budgeted target profit before taxes of $150,000. If unit contribution margin is $5,000, total sales in June are estimated at $900,000 and fixed costs are $500,000, how many RVs must be sold to attain the target profit before taxes? a. 130
B) 80
C) 210
D) 30

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Definitions:

Policies

Guidelines or rules established by organizations or governments to direct actions and decisions.

Employees' Needs

The physiological, security, social, esteem, and self-actualization requirements of employees that, when met, can lead to higher motivation and job satisfaction.

HRM Decisions

HRM Decisions involve strategic and operational decisions made by the Human Resources Management team concerning employee recruitment, development, retention, and other personnel-related policies.

Transaction Processing

The handling of information and actions necessary to complete the purchase or sale of securities in the financial market.