Honeysuckle Manufacturing has the following data: Selling Price $ 60 Variable manufacturing cost $ 33 Fixed manufacturing cost $ 250,000 per month Variable selling & administrative costs $ 9 Fixed selling & administrative costs $ 120,000 per monthWhat dollar sales volume does Honeysuckle need to achieve a $50,000 operating profit per month? $1,400,000. $933,333. $7,560,000. $1,233,333.
Honeysuckle Manufacturing has the following data: Selling Price $ 60 Variable manufacturing cost $ 33 Fixed manufacturing cost $ 250,000 per month Variable selling & administrative costs $ 9 Fixed selling & administrative costs $ 120,000 per monthWhat dollar sales volume does Honeysuckle need to achieve a $50,000 operating profit per month? $1,400,000. $933,333. $7,560,000. $1,233,333.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Honeysuckle Manufacturing has the following data:
Selling Price $ 60
Variable
Fixed manufacturing cost $ 250,000 per month
Variable selling & administrative costs $ 9
Fixed selling & administrative costs $ 120,000 per monthWhat dollar sales volume does Honeysuckle need to achieve a $50,000 operating profit per month?
$1,400,000.
$933,333.
$7,560,000.
$1,233,333.
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