How many units need to be sold to achieve a target profit of $16,900?

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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Question
Assume the following information:
Selling price
Variable expense ratio
Fixed expenses
Unit sales
Multiple Choice
O
O
How many units need to be sold to achieve a target profit of $16,900?
4,150 units
1,019 units
2,817 units
Amount
6,220 units
$30
80%
$ 8,000 per month
3,400 per month
Transcribed Image Text:Assume the following information: Selling price Variable expense ratio Fixed expenses Unit sales Multiple Choice O O How many units need to be sold to achieve a target profit of $16,900? 4,150 units 1,019 units 2,817 units Amount 6,220 units $30 80% $ 8,000 per month 3,400 per month
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