Question
XYZ Company wants to achieve a target profit of $200,000. The selling price per unit is $100, and the variable cost per unit is $60.
XYZ Company wants to achieve a target profit of $200,000. The selling price per unit is $100, and the variable cost per unit is $60. Fixed costs are $300,000. Determine the target sales revenue needed to achieve the target profit.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
