Eastwick produces and sells three products. Last month's results are as follows: P1 P2 P3 Revenues $ 270,000 $ 370,000 $ 370,000 Variable costs 57,000 220,000 137,100 Fixed costs total $370,000. What sales volume would generate an operating profit of $235,000? (Assume the current product mix.)

Eastwick produces and sells three products. Last month's results are as follows: P1 P2 P3 Revenues $ 270,000 $ 370,000 $ 370,000 Variable costs 57,000 220,000 137,100 Fixed costs total $370,000. What sales volume would generate an operating profit of $235,000? (Assume the current product mix.)

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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	P1	P2	P3
Revenues	$ 270,000	$ 370,000	$ 370,000
Variable costs	57,000	220,000	137,100

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