Question
Coronado reported the following results from the sale of 5000 units in May: sales $320000, variable costs $200000, fixed costs $90000, and net income $30000.
Coronado reported the following results from the sale of 5000 units in May: sales $320000, variable costs $200000, fixed costs $90000, and net income $30000. Assume that Coronado increases the selling price by 5% on June 1. How many units will have to be sold in June to maintain the same level of net income?
|
| 5000. |
|
| 4412. |
|
| 4625. |
|
| 4750. |
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CISA Certified Information Systems Auditor
Authors: Michael Gregg, Robert Johnson
1st Edition
078975844X, 978-0789758446
