Question
A watch manufacturer producing and selling affordable watches has the following sales and cost information: Selling price per unit$80 Variable cost per unit$32 Fixed cost
A watch manufacturer producing and selling affordable watches has the following sales and cost information:
Selling price per unit$80
Variable cost per unit$32
Fixed cost is estimated to be $108,000 per quarter.
Desired quarterly income is estimated at $96,000
Required: Calculate the number of watches to be sold each quarter to earn the desired income.
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Managerial Accounting
Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta
7th edition
1260482936, 978-1260482935
