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Solomon Company incurs annual fixed costs of $131,550. Variable costs for Solomon's product are $24,80 per unit, and the sales price is $40,00 per unit.
Solomon Company incurs annual fixed costs of $131,550. Variable costs for Solomon's product are $24,80 per unit, and the sales price is $40,00 per unit. Solomon desires to earn an annual profit of $48,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the destred profit. Note: Do not round intermediote colculations. Round your final answers to the neorest whole number
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