A product is sold for $45 and has variable costs of $33 per unit. The total fixed costs for the firm are $180,600. If the firm desires to earn a pretax income of $77,400, how many units must be sold?
What will be an ideal response?
Unit sales targeted income = Fixed Costs + Targeted pretax income/CM per unit
($180,600 + $77,400)/($45-$33) = 21,500 units
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What will be an ideal response?
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