Refer to the data for Warner Clothing in Exercise 3-30. Data from Exercise 3-30 Sales price. .
Question:
Data from Exercise 3-30
Sales price. . . . . . . . . . . . $ 15 per unit
Variable costs. . . . . . . . . . 3 per unit
Fixed costs. . . . . . . . . . . . 42,000 per month
Required
Using the Goal Seek function in Microsoft Excel,
a. What number must Warner Clothing sell to break even?
b. What number must Warner Clothing sell to make an operating profit of $9,000 per month?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Question Posted: