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Rit Company sells its single product to customers for $59 per unit. During 2037, Rit Company sold 31,000 units of this product to customers. The
Rit Company sells its single product to customers
for $59 per unit. During 2037, Rit Company sold
31,000 units of this product to customers. The fixed
costs associated with this product totaled $310,947
during 2037 and the variable costs were $32 per unit.
Calculate the number of units of this product Rit
Company needed to sell in 2037 order to earn a target
profit equal to 31% of sales.
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