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ompany makes two product and expects the following sales hd costs during Ties Hats Unit sales Selling price per unit Variable costs per unit 5.000 $15 $4 1.000 $25 $9

ompany makes two product and expects the following sales hd costs during Ties Hats Unit sales Selling price per unit Variable costs per unit 5.000 $15 $4 1.000 $25 $9

FINANCIAL ACCOUNTING
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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A B James Company makes two products and expects the following sales and costs during 2020: Ties Hats Unit sales Selling price per unit Variable costs per unit The company's 2020 fixed costs are expected to be $80,017. 5.000 $15 $4 1.000 $25 $9 Required How many total units must be sold to break even? How many ties would this figure include? How much revenue would be required to yield a before-tax profit of $40,000? (Round to the nearest dollar.) 23
Transcribed Image Text:A B James Company makes two products and expects the following sales and costs during 2020: Ties Hats Unit sales Selling price per unit Variable costs per unit The company's 2020 fixed costs are expected to be $80,017. 5.000 $15 $4 1.000 $25 $9 Required How many total units must be sold to break even? How many ties would this figure include? How much revenue would be required to yield a before-tax profit of $40,000? (Round to the nearest dollar.) 23
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