A company's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130. The amount of sales required to realize an operating income of $200,000 is Group of answer choices

The answer is 14,167 units

Explanation:

Target sales is the amount of sales a company has projected itself to sell within a particular period.

Target sales(in units) =

(Fixed cost + target income) / contribution margin

Where contribution margin is sales in unit minus variable costs

($1,500,000 + $200,000) / $250 - $130

$1,700,000/$120

=14,167 units

Therefore, 14,167 units is the amount of sales that will need to be recorded to generate an operating income of $200,000

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know