Question
The company has a product that is sold at a selling price of 50 dinars per unit, and the contribution margin per unit is 30%.
The company has a product that is sold at a selling price of 50 dinars per unit, and the contribution margin per unit is 30%. And the fixed monthly costs amounted to 25,000. If the target profit that the company wants to achieve is equal to 20% of sales, how many sales units must be produced to reach the target profit?
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
