Question
Lou & Andy Inc. sell a product for 20$/ each. The variable cost of the product is 15$/ each and the fixed cost in the
Lou & Andy Inc. sell a product for 20$/ each. The variable cost of the product is 15$/ each and the fixed cost in the operation is 500,000$. Lou & Andy Inc. have set themselves the goal of making a profit of 300,000$. How many pieces of product do they need to sell to achieve their profit goal?
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Management Accounting
Authors: Donna K. Ulmer
7th Edition
0324234880, 978-0324234886
