ABC Ltd produces a single product. The selling price is OMR 50 a unit and the variable costs is OMR 30 a unit. The annual fixed costs of the business are OMR 5000. The business aims to make OMR 10000 profit during the forthcoming year. How many units must be sold to achieve this target profit? Select one: O a. None of the options O b. 550 Units O c. 500 Units O d. 750 Units
ABC Ltd produces a single product. The selling price is OMR 50 a unit and the variable costs is OMR 30 a unit. The annual fixed costs of the business are OMR 5000. The business aims to make OMR 10000 profit during the forthcoming year. How many units must be sold to achieve this target profit? Select one: O a. None of the options O b. 550 Units O c. 500 Units O d. 750 Units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![ABC Ltd produces a single product. The selling price is
OMR 50 a unit and the variable costs is OMR 30 a unit.
The annual fixed costs of the business are OMR 5000.
The business aims to make OMR 10000 profit during
the forthcoming year. How many units must be sold to
achieve this target profit?
Select one:
O a. None of the options
O b. 550 Units
O c. 500 Units
O d. 750 Units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F82b07099-b8fb-4941-be7e-05ea93b0906e%2Fdd846aaf-e1ba-4653-b3bb-1ddaff6d926b%2F2ut5rfa_processed.png&w=3840&q=75)
Transcribed Image Text:ABC Ltd produces a single product. The selling price is
OMR 50 a unit and the variable costs is OMR 30 a unit.
The annual fixed costs of the business are OMR 5000.
The business aims to make OMR 10000 profit during
the forthcoming year. How many units must be sold to
achieve this target profit?
Select one:
O a. None of the options
O b. 550 Units
O c. 500 Units
O d. 750 Units
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