The Poster company sells a product with a per-unit contribution margin of $412. The company has fixed costs of $8,500 andlike to achieve a $6,000 profit. How many units must they sell to cover fixed costs and achieve their target profit?A 24 unitsB35 units62 units58 units

Lets understand the basics.Management always have some determine profit in mind to achieve so for…

Answered: The Poster company sells a product with…

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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The Poster company sells a product with a per-unit contribution margin of $412. The company has fixed costs of $8,500 and like to achieve a $6,000 profit. How many units must they sell to cover fixed costs and achieve their target profit? A 24 units B 35 units 62 units 58 units