Take me to the text Griffin buys and sells ladies' handbags. The average selling price is $410 per bag. Average variable costs (purchase price of bags plus fre and selling expenses) amounts to $190 per bag. Griffin's fixed costs equal $1,490,000 per year. Do not enter dollar signs or commas in the input boxes. Round all answers up to the nearest whole unit. Calculate the number of units needed to:
Take me to the text Griffin buys and sells ladies' handbags. The average selling price is $410 per bag. Average variable costs (purchase price of bags plus fre and selling expenses) amounts to $190 per bag. Griffin's fixed costs equal $1,490,000 per year. Do not enter dollar signs or commas in the input boxes. Round all answers up to the nearest whole unit. Calculate the number of units needed to:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Griffin buys and sells ladies' handbags. The average selling price is $410 per bag. Average variable costs (purchase price of bags plus freight costs
and selling expenses) amounts to $190 per bag. Griffin's fixed costs equal $1,490,000 per year.
Do not enter dollar signs or commas in the input boxes.
Round all answers up to the nearest whole unit.
Calculate the number of units needed to:
Break-even:
Earn $293,000 income:
Earn income equal to 20% of total sales:
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