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Units Per Total Sales 10,000 $200.00 $2,000,000 Variable expenses (VE) Direct material (DM) $70.00 $700,000 Direct labor (DL) $150.00 $60.00 $600,000 Variable overhead (VOH) $20.00
Units | Per | Total | ||
Sales | 10,000 | $200.00 | $2,000,000 | |
Variable expenses (VE) | | |||
Direct material (DM) | $70.00 | $700,000 | ||
Direct labor (DL) | $150.00 | $60.00 | $600,000 | |
Variable overhead (VOH) | $20.00 | $200,000 | ||
Contribution margin (CM) | $50.00 | $500,000 | ||
Fixed expenses (FE) | $450,000 | |||
Net income (NI) | $50,000 |
Assume sales volume decreased by 10%, sales price increased by 10%, and fixed cost decreased by $100,000. How many units must be sold to achieve a profit of $350,000?
Group of answer choices
5,000
7,000
10,000
14,000
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