Required Sales in Dollars to Meet a Target Net Income

question 131

Multiple Choice

Required sales in dollars to meet a target net income is computed by dividing

• A) fixed costs plus target net income by contribution margin per unit.
• B) variable costs plus target net income by contribution margin per unit.
• C) fixed costs plus target net income by contribution margin ratio.
• D) total costs plus target net income by contribution margin ratio.

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Definitions:

Mobile Technology

A term that refers to the various types of cellular communication technology devices, including smartphones, tablets, and wearable devices.

HR Apps

Software applications designed to facilitate human resources functions, such as recruitment, payroll, and employee management.

Talent Management

A systematic process of attracting, developing, and retaining skilled employees to meet organizational needs.

Technology Solution

A specific application of technology designed to address a particular problem or need within an organization or societal context.