Medoc company provide the following information about its single product. How many units must be sold to earn the targeted operating income? Targeted operating income - $56,410 Selling price per unit - $6.25 Variable cost per unit – $4.90 Total fixed cost – $54,810

Medoc company provide the following information about its single product. How many units must be sold to earn the targeted operating income? Targeted operating income - $56,410 Selling price per unit - $6.25 Variable cost per unit – $4.90 Total fixed cost – $54,810

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

Medoc company provide the following information about its single product. How many units must be sold to earn the targeted operating income?

Targeted operating income - $56,410

Selling price per unit - $6.25

Variable cost per unit – $4.90

Total fixed cost – $54,810

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