Kress, Inc. wants to sell a sufficient quantity of products to earn a profit of $60,000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $120,000, how many units must be sold to earn income of $60,000?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 7EB: Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are...
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Kress, Inc. wants to sell a sufficient quantity of products to earn
a profit of $60,000. If the unit sales price is $10, unit variable cost
is $8, and total fixed costs are $120,000, how many units must
be sold to earn income of $60,000?
Transcribed Image Text:Kress, Inc. wants to sell a sufficient quantity of products to earn a profit of $60,000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $120,000, how many units must be sold to earn income of $60,000?
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