Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company producing a product and sell it with 70$ for one unit, to produce the unit it has changing costs equal to 40$, and
A company producing a product and sell it with 70$ for one unit, to produce the unit it has changing costs equal to 40$, and the constant costs equal to 700k$, and the company has a target to reach of 20% to the badget of the investment mony wich equal to 400k$, find
1- determine the sales volume of the unit 2- determine the breakeven value in dollars 3- determine the sales volume in units and the breakeven value in dollars necessary to achieve the target profit determined by the company's management
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started