Atlantic Company sells a product with a break-even point of 5,583 sales units. The variable cost is $113 per unit, and fixed costs are $223,320. Determine the following: a. Unit sales price $fill in the blank 1 b. Break-even point in sales units if the company desires a target profit of $66,480 fill in the blank 2 units

Atlantic Company sells a product with a break-even point of 5,583 sales units. The variable cost is $113 per unit, and fixed costs are $223,320. Determine the following: a. Unit sales price $fill in the blank 1 b. Break-even point in sales units if the company desires a target profit of $66,480 fill in the blank 2 units

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 5,583 sales units. The variable cost is $113 per unit, and fixed costs are $223,320.

Determine the following:

a. Unit sales price	$fill in the blank 1
b. Break-even point in sales units if the company desires a target profit of $66,480	fill in the blank 2 units

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