Question
Locus Company has total fixed costs of $116,000. Your product sells for $47 per unit, and variable costs are $37 per unit. Next year, Locus
Locus Company has total fixed costs of $116,000. Your product sells for $47 per unit, and variable costs are $37 per unit. Next year, Locus Company wants to earn pre-tax income equal to 30% of fixed costs.
How many units must be sold to achieve this target revenue level?
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Core Concepts of Accounting
Authors: Cecily A. Raiborn
2nd edition
470499478, 978-0470499474
