How Many Units Need to Be Sold to Earn an Annual

question 267

Multiple Choice

How many units need to be sold to earn an annual operating income equal to 10% of sales?

• A) 44,000 units.
• B) 53,200 units.
• C) 54,500 units.
• D) 47,500 units.S = 532,000/(.35 - .10)= $2,128,000.Units to be sold = 2,128,000/40= 53,200 units.

Analyze and journalize business transactions and understand their effect on the accounting equation.

Compare and contrast accounting conventions and practices under GAAP and IFRS.

Understand the principles of double-entry accounting and the normal balance for various types of accounts.

Identify and apply the correct process for posting journal entries.

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Definitions:

Compounds

Substances formed from two or more elements chemically united in fixed proportions.

2-Iodohexane

A chemical compound with the formula C6H13I, characterized by the presence of an iodine atom attached to the second carbon of a hexane chain.

Potassium Hydroxide

A strong inorganic base, used in various manufacturing processes including soap making and as a pH adjuster.

Mechanisms

Outlines the sequential elementary reactions that lead to the total chemical transformation.