Question
LMN Corporation manufactures a product with a selling price of $250 per unit. The variable cost per unit is $150, and the fixed costs are
LMN Corporation manufactures a product with a selling price of $250 per unit. The variable cost per unit is $150, and the fixed costs are $350,000 per quarter. If the company aims to achieve a target profit of $200,000 per quarter, calculate the required sales revenue and the number of units that need to be sold to attain the target profit.
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
