Excerpts from Cost-Volume-Profit Analysis of Nutshell Inc

question 14

Multiple Choice

Excerpts from cost-volume-profit analysis of Nutshell Inc.indicate fixed costs of $85,000,a contribution margin per unit of $40,a selling price of $95,and a sales level of 4,000 units.What must be the targeted level of profit?

• A)$116,875
• B)$103,125
• C)$85,000
• D)$75,000

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Definitions:

Ubiquity

The state of being everywhere at once or seeming to be present simultaneously in many places, often used to describe the pervasive nature of technology.

Computer Networks

A group of interconnected computers that can communicate and share resources and data.

Procurement

The process of finding, acquiring, and buying goods, services, or works from an external source, often involving tendering or competitive bidding.

Purchasing Process

The purchasing process is a series of steps that businesses follow to acquire goods and services, encompassing identification of need, supplier selection, and transaction completion.