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Glory Company's product sells for $16 and has a variable cost per unit of $12. Fixed costs are $120,000. a. Compute the break-even point in
Glory Company's product sells for $16 and has a variable cost per unit of $12. Fixed costs are $120,000.
a. Compute the break-even point in dollars.
b. Compute the number of units Glory must sell to earn a $30,000 profit.
c. Glory has a target profit of $36,000 and expects to sell 30,000 units.Compute the selling price Glory must charge to earn the target profit.
d. Glory wants to keep its selling price at $8 per unit and earn a 10% return on sales.Calculate the number of units Glory must sell to meet the target.
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