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For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $35,000 for the financial year ending 2021, assuming variable costs are $70 per unit, total fixed costs are $10,000, and the unit selling price is $80? a. 4,500 units O b. 3,500 units O C. 1,000 units O d. 563 units

For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $35,000 for the financial year ending 2021, assuming variable costs are $70 per unit, total fixed costs are $10,000, and the unit selling price is $80? a. 4,500 units O b. 3,500 units O C. 1,000 units O d. 563 units

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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For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $35,000 for the financial year ending 2021, assuming variable costs are $70 per unit, total fixed costs are $10,000, and the unit selling price is $80? a. 4,500 units O b. 3,500 units O C. 1,000 units O d. 563 units
Transcribed Image Text:For XYZ Company, how many units of their product would have to be sold to yield a target operating income of $35,000 for the financial year ending 2021, assuming variable costs are $70 per unit, total fixed costs are $10,000, and the unit selling price is $80? a. 4,500 units O b. 3,500 units O C. 1,000 units O d. 563 units
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