Units to Earn Target Income Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Unit variable cost is $21 (includes direct materials, direct labor, variable factory overhead, and variable selling expense)Total fixed cost equals $78,000 (includes fixed factory overhead and fixed selling and administrative expense) Required: 1. Calculate the number of pairs of shoes Chillmax must sell to earn operating income of $81,900 2. Check your answer by preparing a contribution margin income statement based on the number of units calculated. Enter amounts as positive numbers. Chillmax Company Contribution Margin Income Statement At Target Pairs of Shoes Sold Total Sales Total variable cost Total contribution margin Total fixed cost Operating income



Explanation:

Contribution margin=Sales-Variable cost

=(60-21)=$39

Target Contribution margin=Fixed costs+Target profits

=(78000+81900)=$159900

1.Number of pairs of shoes=(159900/39)=4100

2.

Sales(4100*60)=246000

Total variable cost(4100*21)=86100

Total Contribution margin=$159900

Total fixed cost=78000

Operating income=$81900.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answerpurchase-occasion segmentation;