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Adams Company incurs annual fixed costs of $69,090. Variable costs for Adamss product are $29.70 per unit, and the sales price is $45.00 per unit.
Adams Company incurs annual fixed costs of $69,090. Variable costs for Adamss product are $29.70 per unit, and the sales price is $45.00 per unit. Adams desires to earn an annual profit of $63,000.
Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number
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