Atlantic Company sells a product with a break-even point of 6,365 sales units. The variable cost is $66 per unit, and fixed costs are $152,760.Determine the following:a. Unit sales priceb. Break-even point in sales units if the company desires a target profit of $38,808units

*Break even unit= Fixed cost /(SP_VC) -SP -selling price -VC -variable cost *Sales volume to…

Answered: Atlantic Company sells a product with a…

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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Atlantic Company sells a product with a break-even point of 6,365 sales units. The variable cost is $66 per unit, and fixed costs are $152,760. Determine the following: a. Unit sales price b. Break-even point in sales units if the company desires a target profit of $38,808 units