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James Company makes two products and expects the following sales and costs during 2020: Ties: Unit Sales: 5,000. Selling Price per Unit: $15 Variable Costs
James Company makes two products and expects the following sales and costs during 2020:
Ties: Unit Sales: 5,000. Selling Price per Unit: $15 Variable Costs per unit: $4
Hats : Unit Sales: 1,000. Selling Price per Unit: $25 Variable Costs per unit: $9
The company's 2020 fixed costs are expected to be $80,017.
Required How many total units must be sold to break even? How many ties would this figure include? How much revenue would be required to yield a before-tax profit of $40,000? (Round to the nearest dollar.)
Question 4 James Company makes two products and expects the following sales and costs during 2020: Ties Hats Unit sales Selling price per unit Variable costs per unit 5,000 1,000 $15 $4 $9 $25 The company's 2020 fixed costs are expected to be $80,017. Required How many total units must be sold to break even? How many ties would this figure include? How much revenue would be required to yield a before-tax profit of $40,000? (Round to the nearest dollar.) aStep by Step Solution
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