Zeus, Incorporated produces a product that has a variable cost of $6 per unit. The company's fixed costs are $40,000. The product sells for $11 a unit and the company desires to earn a $25,000 profit. What is the volume of sales in units required to achieve the target profit? Note: Do not round Intermediate calculations. Multiple Choice 8,500 units 13,000 units 8,000 units 7,625 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Zeus, Incorporated produces a product that has a variable cost of $6 per unit. The company's fixed costs are $40,000. The product sells for $11 a unit and the
company desires to earn a $25,000 profit. What is the volume of sales in units required to achieve the target profit?
Note: Do not round Intermediate calculations.
Multiple Choice
8,500 units
13,000 units
8,000 units
7,625 units
Transcribed Image Text:Zeus, Incorporated produces a product that has a variable cost of $6 per unit. The company's fixed costs are $40,000. The product sells for $11 a unit and the company desires to earn a $25,000 profit. What is the volume of sales in units required to achieve the target profit? Note: Do not round Intermediate calculations. Multiple Choice 8,500 units 13,000 units 8,000 units 7,625 units
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