ABC Manufacturing has a unit selling price of $25, unit variable costs of $15, fixed costs of $30,000, and wants to achieve a profit of $50,000. How many units must the company sell to reach this profit target? A. 5,000 B. 8,000 C. 10,000 D. 12,000

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
icon
Related questions
Question
100%

Kindly help me Accounting question

ABC Manufacturing has a unit selling price of $25, unit
variable costs of $15, fixed costs of $30,000, and wants to
achieve a profit of $50,000. How many units must the
company sell to reach this profit target?
A. 5,000
B. 8,000
C. 10,000
D. 12,000
Transcribed Image Text:ABC Manufacturing has a unit selling price of $25, unit variable costs of $15, fixed costs of $30,000, and wants to achieve a profit of $50,000. How many units must the company sell to reach this profit target? A. 5,000 B. 8,000 C. 10,000 D. 12,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning