Refer to the data in PE 21-14. How many shovels must the company sell to achieve a

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Refer to the data in PE 21-14. How many shovels must the company sell to achieve a profit of $10,000?

Data from PE 21-14

Chrissy Company sells shovels for $30.25 each. The variable cost per shovel is $14.25. Th e company’s monthly fixed costs are $2,400. Compute the number of shovels the company must sell to break even.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 28, 2011 04:29 AM

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Refer to the data in PE 21-14. How many shovels must the company sell to achieve a

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The company must sell at least 775 shovels to achieve a profit of 10000 as shown below ...View the full answer

Accounting concepts and applications

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