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Fremont Co. has the following information for 2019. Revenue of $8346611, variable cost of $3926942, fixed cost of $2768436, and volume of 110443. In 2020,
Fremont Co. has the following information for 2019. Revenue of $8346611, variable cost of $3926942, fixed cost of $2768436, and volume of 110443. In 2020, Fremont plans to charge the same average price per unit. Variable cost per unit should stay the same, while fixed costs are expected to increase by 20%.
Fremont wants to earn at least $1 million in profit in 2020. How many units will it need to sell? (whole number of units)
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