Jordan Company incurs annual fixed costs of $136.220. Variable costs for Jordan's product are $22.40 per unit, and the sales price is $35.00 per unit. Jordan desires to earn an annual profit of $49,000 Required Use the per unit contribution margin approach to determine the sales volume in units arid dollars required to earn the desired profit (Do not round intermediate calculations. Round your final answers to the nearest whole number) Sales in dolars Sales volume in units
Jordan Company incurs annual fixed costs of $136.220. Variable costs for Jordan's product are $22.40 per unit, and the sales price is $35.00 per unit. Jordan desires to earn an annual profit of $49,000 Required Use the per unit contribution margin approach to determine the sales volume in units arid dollars required to earn the desired profit (Do not round intermediate calculations. Round your final answers to the nearest whole number) Sales in dolars Sales volume in units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Jordan Company incurs annual fixed costs of $136,220. Variable costs for Jordan's product are $22.40 per unit, and the sales price is
$35.00 per unit. Jordan desires to earn an annual profit of $49,000.
Required
Use the per unit contribution margin approach to determine the sales volume in units arid dollars required to earn the desired profit
(Do not round intermediate calculations. Round your final answers to the nearest whole number)
Sales in dollars
Sales volume in units
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