Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XYZ produces a product which sells for 500 each. Total fixed cost is 800,000 per year. Each unit requires 200 of materials, 100 of labour

XYZ produces a product which sells for 500 each. Total fixed cost is 800,000 per year. Each unit requires 200 of materials, 100 of labour and production overhead of 100. How many units should be sold to make 100,000 profit?

a. 8,000 units

b 4,500 units

c 7,000 units

d 9,000 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

EAuditing Fundamentals Virtual Communication And Remote Auditing

Authors: J.P. Russell, Shauna Wilson

1st Edition

0873898486, 978-0873898485

More Books

Students also viewed these Accounting questions