Betsy Company sells a single product.They want to make a profit of $50,641Unit Variable costs $17Unit selling price is $22Fixed costs $16,166How many units do they need to sell to make the desired profit?Round your units UP to the nearest whole number.

Compute the Contribution margin per unit:

Answered: Betsy Company sells a single product.…

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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Betsy Company sells a single product. They want to make a profit of $50,641 Unit Variable costs $17 Unit selling price is $22 Fixed costs $16,166 How many units do they need to sell to make the desired profit? Round your units UP to the nearest whole number.