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Vernon Company incurs annual fixed costs of $61,435. Variable costs for Vernon's product are $24.15 per unit, and the sales price is $35.00 per unit.
Vernon Company incurs annual fixed costs of $61,435. Variable costs for Vernon's product are $24.15 per unit, and the sales price is $35.00 per unit. Vernon desires to earn an annual profit of $59,000.
Required
Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.
Note: Do not round intermediate calculations. Round your final answers to the nearest whole number.
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