Company data: ⚫ Sales price: $40 . CM ratio: 15% • Fixed costs: $150,000 To achieve $30,000 profit, what must sales be in dollars and units?
Company data: ⚫ Sales price: $40 . CM ratio: 15% • Fixed costs: $150,000 To achieve $30,000 profit, what must sales be in dollars and units?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 23E
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Transcribed Image Text:Company data:
⚫ Sales price: $40
. CM ratio: 15%
•
Fixed costs: $150,000
To achieve $30,000 profit, what must sales be in dollars and units?
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