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Organic Oranges Bag Company has the following figures for August 2020: Bags sold: 40,000 Price per bag: $10 Variable cost per bag: $4 Fixed cost:
Organic Oranges Bag Company has the following figures for August 2020: Bags sold: 40,000 Price per bag: $10 Variable cost per bag: $4 Fixed cost: $120,000 (1) Calculate the breakeven number in units for August. (2) How many bags does the firm need to sell in September to make a target profit of $150,000? Please show all work for the problem.
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