If Total Fixed Expenses Are $50,000, the Target Operating Income

question 222

True/False

If total fixed expenses are $50,000, the target operating income is $10,000 and the contribution margin is $15 per unit, the sales needed to achieve the target operating income will be 4,000 units.

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Definitions:

Nervous Systems

The nervous system is the complex network of nerve tissue that controls activities within the body by transmitting electrical and chemical signals between different body parts.

Essential

Absolutely necessary or extremely important for a particular process, function, or survival.

Life

A characteristic that distinguishes physical entities with biological processes, such as signaling and self-sustaining processes, from those that do not.

Bilateral Symmetry

Body plan in which organs or parts present on both sides of the body are mirror images in appearance. For example, the hands are bilaterally symmetrical, whereas the heart is not.