Question
The following information is available for XYZ Company: Sales (in units) .................5,000 units Selling price ....................$40 per unit Variable costs ...................$16 per unit Fixed costs
The following information is available for XYZ Company:
Sales (in units) .................5,000 units
Selling price ....................$40 per unit
Variable costs ...................$16 per unit
Fixed costs (in total) ...........$48,000
Calculate the number of units XYZ Company must sell in
order to earn a target profit equal to 35% of sales.
I got 4800.. is that correct?
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Introduction To Financial Accounting
Authors: Charles T Horngren, Gary L Sundem
10th Edition
136122973, 978-0136122975
