Target Profit Forest Company sells a product for $115 per unit. The variable cost is $70 per unit, and fixed costs are $121,500. Determine (a) the break-even point in sales units and (b) the break-even point in sales units required for the company to achieve a target profit of $42,525. a. Break-even point in sales units fill in the blank 1 units b. Break-even point in sales units required for the company to achieve a target profit of $42,525 fill in the blank 2 units
Target Profit Forest Company sells a product for $115 per unit. The variable cost is $70 per unit, and fixed costs are $121,500. Determine (a) the break-even point in sales units and (b) the break-even point in sales units required for the company to achieve a target profit of $42,525. a. Break-even point in sales units fill in the blank 1 units b. Break-even point in sales units required for the company to achieve a target profit of $42,525 fill in the blank 2 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Target Profit
Forest Company sells a product for $115 per unit. The variable cost is $70 per unit, and fixed costs are $121,500.
Determine (a) the break-even point in sales units and (b) the break-even point in sales units required for the company to achieve a target profit of $42,525.
a. Break-even point in sales units | fill in the blank 1 | units |
b. Break-even point in sales units required for the company to achieve a target profit of $42,525 | fill in the blank 2 | units |
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