Emerald Corp. manufactures a single product that sells for $60 per unit. The company's total sales are $360,000, their fixed expenses are $48,000, and their operating income is $72,000. How many units did Emerald Corp. sell?
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- How many units were sold?Can you solve this financial accounting issue?The Waldron Company produces a single product for sale. Based on current accounting records, the company's unit sales price is $35, unit variable expense is $17 and monthly fixed costs are $44,237. How many units do they need to sell to make $126,444 in profit? Round your units UP to the nearest whole number
- Friar Corp. sells two products. Product A sells for $112 per unit, and has unit variable costs of $65. Product B sells for $102 per unit, and has unit variable costs of $59. Currently, Friar sells three units of Product B for every one unit of Product A sold. Friar has fixed costs of $752,400. How many units would Friar have to sell to earn a profit of $250,800?What is the economic order quantity of this financial accounting question?How many units were sold?
- Bloom Enterprises has fixed costs of $825,400. The selling price per unit is $210, and the variable cost per unit is $120. How many units must the company sell in order to earn a profit of $190,000?What markup percentage is the company using for this financial accounting?How much Total sales are required to achieve a net income of 160000?
- Lin Corporation has a single product whose selling price is $120 and whose variable expense is $80 perunit. The company’s monthly fixed expense is $50,000.Required:1. Using the equation method, solve for the unit sales that are required to earn a target profit of$10,000.2. Using the formula method, solve for the unit sales that are required to earn a target profit of$15,000.How many unit must be company sell in order to earn a profitLin Corporation has a single product whose selling price is $120 per unit and whose variable expense is $80 per unit. The company's monthly fixed expense is $50,000. Required: 1. Calculate the unit sales needed to attain a target profit of $10,000. 2. Calculate the dollar sales needed to attain a target profit of $15,000. (For all requirements, do not round intermediate calculations.) 1. Units sales to attain target profit 1,500 units 2. Dollar sales to attain target profit