Steven and Son Inc. sells its car wash package for $180 per unit, its total variable costs per unit is $80 per unit, whereas the total fixed costs are $150,000. The company is considering the increase this year targeted profit to $250,000. What is the company's expected sales to reach its targeted profit? Select one: O a. Expected sales would be $270,000 A. Expected sales would be $270,000 sales would be $270,000 b. Expected sales would be $900,000 c. Expected sales would be $720,000 d. Expected sales would be $450,000

Steven and Son Inc. sells its car wash package for $180 per unit, its total variable costs per unit is $80 per unit, whereas the total fixed costs are $150,000. The company is considering the increase this year targeted profit to $250,000. What is the company's expected sales to reach its targeted profit? Select one: O a. Expected sales would be $270,000 A. Expected sales would be $270,000 sales would be $270,000 b. Expected sales would be $900,000 c. Expected sales would be $720,000 d. Expected sales would be $450,000

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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