Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Aloha Swimwear has fixed costs of $120,000 per month. How many bathing suits do they need to sell each month to have a monthly target

Aloha Swimwear has fixed costs of $120,000 per month. How many bathing suits do they need to sell each month to have a monthly target net income of $750,000 if the average price is $98 per suit and the variable cost to produce each suit is $26?

A 33,462

B 81,168

C 12,084

D 8,750

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

Practical Guide To Accountancy

Authors: Ajit Kumar Chattopadhyay, Amalendu Mukhopadhyay

1st Edition

1642874264, 9781642874266

More Books

Students also viewed these Accounting questions

Question

=+b) Is MediaChips manufacturing process in control?

Answered: 1 week ago

Question

7. Explain how an employee could reduce stress at work.

Answered: 1 week ago