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Reference: 08-06
Arthur Company Had the Following Data for the Year

question 109

Multiple Choice

Reference: 08-06
Arthur Company had the following data for the year just ended:  Sales 4,000 units  Sales price $60 per unit  Variable cost $18 per unit  Fixed costs $42,000\begin{array} { | l | l | } \hline \text { Sales } & 4,000 \text { units } \\\hline \text { Sales price } & \$ 60 \text { per unit } \\\hline \text { Variable cost } & \$ 18 \text { per unit } \\\hline \text { Fixed costs } & \$ 42,000 \\\hline\end{array}
-If the company wants to increase its total contribution margin by 40% in the next year, all other factors remaining the same, it will need to increase its sales by:


Definitions:

Handscroll

In Asian art, a horizontal painted scroll that is unrolled right to left, section by section, and often used to present illustrated religious texts or landscapes.

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