Question
Is there a way to calculate unit variable expense with this given information: Jupiter Game Company manufactures pocket electronic games. Last year Jupiter sold 25,000
Is there a way to calculate unit variable expense with this given information: Jupiter Game Company manufactures pocket electronic games. Last year Jupiter sold 25,000 games at $25 each. Total costs amounted to $525,000, of which $150,000 were considered fixed.
if not how do I calculate how many units need to be sold to make $140,000. the formula that I am trying to use is [unit sales price x sales volume in units] - [unit variable expense x sales volume in units] - fixed expenses = $140,000. Therefore [$25 x units] - [unit variable expense x units] - $150,000 = $140,000.
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