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Problem: Module 5 Textbook Problem 8 Learning Objective: 5 - 7 Determine the sales volume necessary to break even or to earn a desired profit

Problem: Module 5 Textbook Problem 8
Learning Objective: 5-7 Determine the sales volume necessary to break even or to earn a desired profit
Campbell Company incurs annual fixed costs of $65.435. Variable costs for Campbell's product are $18.90 per unit, and the sales price is $30.00 per unit. Campbell desires to earn an annual profit of $55,000.
Required
Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.)
Sales in dollars
Sales volume in units
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