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Friar Corporation sells two products. Product A sells for $100 per unit and has unit variable costs of $60. Product B sells for $70 per unit and has unit variat costs of $50. Currently, Friar sells three units of Product B for every one unit of Product A sold. Friar has fixed costs of $750,000. How many units would Fri have to sell to earn a profit of $250,000? Multiple Choice 10,000 units of A and 30,000 units of B 40,000 units of A and 40,000 units of B 30,000 units of A and 10,000 units of B 20,000 units of A and 20,000 units of B

Friar Corporation sells two products. Product A sells for $100 per unit and has unit variable costs of $60. Product B sells for $70 per unit and has unit variat costs of $50. Currently, Friar sells three units of Product B for every one unit of Product A sold. Friar has fixed costs of $750,000. How many units would Fri have to sell to earn a profit of $250,000? Multiple Choice 10,000 units of A and 30,000 units of B 40,000 units of A and 40,000 units of B 30,000 units of A and 10,000 units of B 20,000 units of A and 20,000 units of B

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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Friar Corporation sells two products. Product A sells for $100 per unit and has unit variable costs of $60. Product B sells for $70 per unit and has unit variable costs of $50. Currently, Friar sells three units of Product B for every one unit of Product A sold. Frlar has fixed costs of $750,000. How many units would Friar have to sell to earn a profit of $250,000? Multiple Choice 10,000 units of A and 30,000 units of B 40,000 units of A and 40,000 units of B 30,000 units of A and 10,000 units of B 20,000 units of A and 20,000 units of B
Transcribed Image Text:Friar Corporation sells two products. Product A sells for $100 per unit and has unit variable costs of $60. Product B sells for $70 per unit and has unit variable costs of $50. Currently, Friar sells three units of Product B for every one unit of Product A sold. Frlar has fixed costs of $750,000. How many units would Friar have to sell to earn a profit of $250,000? Multiple Choice 10,000 units of A and 30,000 units of B 40,000 units of A and 40,000 units of B 30,000 units of A and 10,000 units of B 20,000 units of A and 20,000 units of B
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