Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company sells each unit of its product for $ 6 0 . Its variable cost per unit is $ 3 0 and the total

A company sells each unit of its product for $60. Its variable cost per unit is $30 and the total fixed cost is $400000.
If the company sells 35000 units, what will be the revenue?

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_2

Step: 3

blur-text-image_3

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

Financial Accounting

Authors: Pauline Weetman

8th Edition

129224447X, 9781292244471

More Books

Students also viewed these Accounting questions

Question

Is the page design inviting and accessible? (283)

Answered: 1 week ago