Data concerning Strite Corporation's single product appear below:   Selling price per unit$150.00Variable expense per unit$42.00Fixed expense per month$421,200Assume the company's target profit is $17,000. The unit sales to attain that target profit is closest to:

A. 10,433 units
B. 2,921 units
C. 4,057 units
D. 5,804 units


Answer: C

Business

You might also like to view...

The share potential index is an estimate of the share performance index if the business were to achieve maximum levels of performance for each share metric

Indicate whether the statement is true or false

Business

Communication that involves one person speaking to many is called ______.

a. interpersonal communication b. public communication c. mass communication d. mediated communication

Business

________ means that the factor or variable being investigated should be the only possible causal explanation

A) The time order of occurrence of variables B) The role of evidence C) Concomitant variation D) The absence of other possible causal factors

Business

Which of the following statements are true?

a. The discount rate is another name for the rate of return. b. For an investment to be acceptable, the discount rate should equal or exceed the company's cost of capital. c. A return of capital and a return on capital are not the same thing. d. All of the above statements are true.

Business