How many units would the company have to sell in order to have a net operating income equal to 5% of…
Highjinks Inc. has provided the following budgeted data:
Sales
20,000 units
Selling price
$100 per unit
Variable expense
$70 per unit
Fixed expense
$450,000
How many units would the company have to sell in order to have a net operating income equal to 5% of total sales dollars?
A) 18,000 units
B) 20,000 units
C) 15,333 units
D) 14,286 units