Refer to the data for Derby Phones in Exercise 3-28. Data from Exercise 3-28 Sales price. .
Question:
Data from Exercise 3-28
Sales price. . . . . . . . . . . . $ 270 per unit
Variable costs. . . . . . . . . . . 120 per unit
Fixed costs. . . . . . . . . . . . . 300,000 per month
Required
Using the Goal Seek function in Microsoft Excel,
a. What number must Derby Phones sell to break even?
b. What number must Derby Phones sell to make an operating profit of $6,000 per month?
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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