If a Firm Has $4 00 000 in Fixed Costs

question 31

True/False

If a firm has $4 00 000 in fixed costs, a unit contribution margin of $60 and a target net profit of $80 000, the target sales volume to achieve this profit would be 8000 units.

---

Definitions:

Power Pivot

A feature within Microsoft Excel that allows for powerful data analysis and visualization, enabling users to work with large datasets from various sources and create complex relational models.

Power Pivot

A powerful data analysis and data modeling tool within Microsoft Excel that allows users to create complex data models, establish relationships, and perform comprehensive data analysis.

Excel Tables

A structured range of related data formatted to enable easy management, analysis, and visualization directly within Excel.

Data Model

An abstract model that organizes data elements and standardizes how they relate to one another and to properties of real-world entities.