You’ve Got This (YGT) desires to reach a target profit of $850,000 in the upcoming year. Their cost information is provided below: o Unit selling price $1,250 o Unit variable cost $550 o Total fixed costs $312,000 What is the total number of units they must sell to reach their target profit? 1,660 units 446 units 1,215 units 680 units

You’ve Got This (YGT) desires to reach a target profit of $850,000 in the upcoming year. Their cost information is provided below: o Unit selling price $1,250 o Unit variable cost $550 o Total fixed costs $312,000 What is the total number of units they must sell to reach their target profit? 1,660 units 446 units 1,215 units 680 units

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

You’ve Got This (YGT) desires to reach a target profit of $850,000 in the upcoming year. Their cost information is provided below:

o Unit selling price $1,250

o Unit variable cost $550

o Total fixed costs $312,000

What is the total number of units they must sell to reach their target profit?

1,660 units

446 units

1,215 units

680 units

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