Question
Assume the following data for Dodge Company for the coming year: Fixed expenses $407,400 Variable cost per unit $10 Selling price per unit $24 Do
Assume the following data for Dodge Company for the coming year:
Fixed expenses | $407,400 |
Variable cost per unit | $10 |
Selling price per unit | $24 |
Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. For Unit calculations round your answers up to the nearest whole number. a) How many units must be sold to break even? Break even sales: Answer units b) What would the net income be if 35,500 units were sold? Net income: $Answer c) How many units must be sold to make a net income of $38,000 assuming selling price per unit is increased by $3.00 Total units to be sold: Answer units
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