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A Company produces a single product that it sells for $80 per unit. Information relating to the costs of producing this product for the past
A Company produces a single product that it sells for $80 per unit. Information relating to the costs of producing this product for the past six months is given below: Month Total Cost Units Sold August $221,610 5,230 September $336,180 8,690 October $315,260 7,820 November $239,340 6,230 December $251,520 5,810 January $213,160 4,620 Calculate the number of units of this product that The Company needs to sell in February in order to earn a net income for February that is equal to 47% of the sales in February.
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