Gibson Corporation produces products that it sells for $13 each. Variable costs per unit are $5, and annual fixed costs are $167,200. Gibson desires to earn a profit of $26,400.

Required

Use the equation method to determine the break-even point in units and dollars.

Determine the sales volume in units and dollars required to earn the desired profit.

Gibson Corporation produces products that it sells for $13 each. Variable costs per unit are $5, and annual fixed costs are $167200. Gibson desires to earn a profit of $26,400. Required a. Use the equation method to determine the breakeven point in units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit. a. Breakeven point in units a. Breakeven point in dollars b Sales volume In units b. Sales in dollars