If Fixed Costs are $40,000, the Selling price of the product is $400, and the Variable...
If Fixed Costs are $40,000, the Selling price of the product is $400, and the Variable Costs are $160, how many units would we need to sell to make a $50,000 profit?
Homework Answers
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Units to be sold = (Fixed costs+Target profit)/Contribution margin per unit = (40,000+50,000)/(400-160) = 90,000/240 = 375 units |
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If Fixed Costs are $40,000, the Selling price of the product is
$400, and the Variable...
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