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Exercise 21-13 (Algo) Computing sales to achieve target income LO C2 Sunn Company manufactures a single product that sells for $110 per unit and whose variable costs are $88 per unit. The company's annual fixed costs are $308,000. Management targets an annual income of $550,000. (1) Compute the unit sales to earn the target income. Numerator: 1 Selling price per unit 1 Denominator: (2) Compute the dollar sales to earn the target income. Numerator: 1 1 Denominator: = = = Units to Achieve Target Units to achieve target 0 Dollars to Achieve Target Dollars to achieve target 0

Exercise 21-13 (Algo) Computing sales to achieve target income LO C2 Sunn Company manufactures a single product that sells for $110 per unit and whose variable costs are $88 per unit. The company's annual fixed costs are $308,000. Management targets an annual income of $550,000. (1) Compute the unit sales to earn the target income. Numerator: 1 Selling price per unit 1 Denominator: (2) Compute the dollar sales to earn the target income. Numerator: 1 1 Denominator: = = = Units to Achieve Target Units to achieve target 0 Dollars to Achieve Target Dollars to achieve target 0

FINANCIAL ACCOUNTING
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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Exercise 21-13 (Algo) Computing sales to achieve target income LO C2 Sunn Company manufactures a single product that sells for $110 per unit and whose variable costs are $88 per unit. The company's annual fixed costs are $308,000. Management targets an annual income of $550,000. (1) Compute the unit sales to earn the target income. Numerator: 1 Selling price per unit 1 Denominator: (2) Compute the dollar sales to earn the target income. Numerator: 1 Denominator: = = = = Units to Achieve Target Units to achieve target 0 Dollars to Achieve Target Dollars to achieve target 0
Transcribed Image Text:Exercise 21-13 (Algo) Computing sales to achieve target income LO C2 Sunn Company manufactures a single product that sells for $110 per unit and whose variable costs are $88 per unit. The company's annual fixed costs are $308,000. Management targets an annual income of $550,000. (1) Compute the unit sales to earn the target income. Numerator: 1 Selling price per unit 1 Denominator: (2) Compute the dollar sales to earn the target income. Numerator: 1 Denominator: = = = = Units to Achieve Target Units to achieve target 0 Dollars to Achieve Target Dollars to achieve target 0
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