Question
James Company sells glass vases at a wholesale price of $2.50 per unit. The variable cost of manufacture is $1.75 per unit. The monthly fixed
James Company sells glass vases at a wholesale price of $2.50 per unit. The variable cost of manufacture is $1.75 per unit. The monthly fixed costs are $7,500. James's current sales are 25,000 units per month.
If James wants to increase operating income by 20%, how many additional units, must James sell? (Round your intermediate calculations to two decimal places)
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Explanation Net sales revenue 62500 Variable costs 43750 Contribution marg...Get Instant Access to Expert-Tailored Solutions
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
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