Strother Company incurs annual fixed costs of $54,320. Variable costs for Strothers product are $7.80 per unit,

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Strother Company incurs annual fixed costs of $54,320. Variable costs for Strother’s product are $7.80 per unit, and the sales price is $13.00 per unit. Strother desires to earn an annual profit of $45,000.

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Determine the sales volume in dollars and units required to earn the desired profit.

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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Question Posted: Jan 03, 2012 03:58 AM

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Strother Company incurs annual fixed costs of $54,320. Variable costs for Strothers product are $7.80 per unit,

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Contribution margin Sales price Variable costUnit 1300 780 520 Con...View the full answer

Survey of Accounting

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