**3. Claire Corp.'s sales increase from $500,000 to $1,000,000. What is the percentage change in sales?**____________________________________**4. Kappa Inc. produces a product that has a variable cost of $8/unit. The company’s fixed costs are $120,000. The product sells for $12/unit. The company would like to earn a $25,000 profit. What is the Break-Even point for Alpha, Inc. in units? What are the units required to achieve the desired profit?**

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3. Claire Corp.'s sales increase from $500,000 to $1,000,000. What is the percentage change in sales?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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**3. Claire Corp.'s sales increase from $500,000 to $1,000,000. What is the percentage change in sales?**

____________________________________

**4. Kappa Inc. produces a product that has a variable cost of $8/unit. The company’s fixed costs are $120,000. The product sells for $12/unit. The company would like to earn a $25,000 profit. What is the Break-Even point for Alpha, Inc. in units? What are the units required to achieve the desired profit?**

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