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The Wallys Wallet Company produces and sells wallets for $50 per wallet. The variable cost per wallet is $30. The fixed cost is $54,000 Required:

The Wallys Wallet Company produces and sells wallets for $50 per wallet. The variable cost per wallet is $30. The fixed cost is $54,000

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  1. In units and sales how many wallets must Wallys Wallet Company sell to earn a before-tax profit of $110,000?
  2. At 5,000 wallets what selling price would Wallys Wallet Company need to make a profit of $90,000?

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