BlueRock Manufacturing sold 4,000 units in April. The following data was reported: ⚫ Sales = $240,000 . Variable Costs = $140,000 ⚫ Fixed Costs = $60,000 ⚫ Net Income = $40,000 BlueRock plans to increase the selling price by 10% in May. How many units must be sold in May to maintain the same net income of $40,000?

BlueRock Manufacturing sold 4,000 units in April. The following data was reported: ⚫ Sales = $240,000 . Variable Costs = $140,000 ⚫ Fixed Costs = $60,000 ⚫ Net Income = $40,000 BlueRock plans to increase the selling price by 10% in May. How many units must be sold in May to maintain the same net income of $40,000?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....

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