Question
QUESTION A manufacturer sold one of its products, CER last year for $8.50 each. Variable costs of manufacturing were $3.25 per unit. The company needed
QUESTION
A manufacturer sold one of its products, CER last year for $8.50 each. Variable costs of manufacturing were $3.25 per unit. The company needed to sell 20,000 units to break even. Net income was $6,500. This year the company expects the price per unit to be $10.00, variable manufacturing costs to increase 25% percent, and fixed costs to increase 12 percent. How many units (rounded) does the company need to sell this year to break even?
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
10th Edition
0324183518, 978-0324183511
