Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company desires to sell a sufficient quantity of products to earn a profit of $260000. If the unit sales price is $20, unit variable

A company desires to sell a sufficient quantity of products to earn a profit of $260000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $260000?

A. 72500 units

B. 113000 units

C. 216250 units

D. 132500 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Auditing Real Issues And Cases

Authors: Michael C. Knapp

7th Edition

0324658052, 978-0324658057

More Books

Students also viewed these Accounting questions

Question

Explain how labour relations practices differ around the world.

Answered: 1 week ago