The Following Is Addison Corporation's Contribution Format Income Statement for Last

question 53

Multiple Choice

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

$\begin{array} { | l | r | } \hline \text { Sales } & \$ 1,000,000 \\\hline \text { Less: variable expenses } & \underline { 700,000 } \\\hline \text { Contribution margin } & 300,000 \\\hline \text { Less: fixed expenses } & \underline { 180,000 } \\\hline \text { Operating income } & \$ 120,000 \\\hline\end{array}$ The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.

-How many units would the company have to sell to attain target operating profits of $150,000?

• A) 22,000 units.
• B) 37,500 units.
• C) 25,000 units.
• D) 26,667 units.

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Definitions:

Visual System

The part of the central nervous system that enables individuals to process visual detail, comprising the eye, optic nerves, and brain areas responsible for visual perception.

Substantia Nigra

A region of the midbrain involved in the control of movement and implicated in neurodegenerative diseases like Parkinson's disease.

Parkinson's Disorder

A neurodegenerative disorder characterized by motor system symptoms such as tremors, stiffness, and bradykinesia, as a result of dopamine-producing neuron loss.

Dopamine

A neurotransmitter involved in regulating mood, motivation, pleasure, and reward pathways in the brain, often associated with learning and addiction.