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Wayhaven, Inc. has provided the following information regarding its costs. Units Cost Information Selling price 5 Variable costs Fixed costs $50,000 Knowledge Check 01 If
Wayhaven, Inc. has provided the following information regarding its costs. Units Cost Information Selling price 5 Variable costs Fixed costs $50,000 Knowledge Check 01 If Wayhaven wants to earn a profit of $30,000, how many units should it sell? 25,000 units 30,000 units 35,000 units 40,000 units Knowledge Check 02 If Wayhaven wants to earn a target profit of $40,000, what is the target sales amount in dollars? Use the contribution margin ratio method. $225,000 $50,000 $150,000 $135,000
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