Johnson Company's details are given below regarding their cost of production. Using the information provided below,...
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Johnson Company's details are given below regarding their cost of production. Using the information provided below, calculate: a. Break Even Point in units. b. If Johnson Company has a target of earning profit of $75, 000, how many numbers of units must be sold? Fixed Factory Overhead Costs 80,000 Fixed Selling Overhead Costs 12,000 Variable Manufacturing Cost Per Unit 10 Variable Selling Cost Per Unit 5 Selling Price per Unit 23 Provide your solution. Johnson Company's details are given below regarding their cost of production. Using the information provided below, calculate: a. Break Even Point in units. b. If Johnson Company has a target of earning profit of $75, 000, how many numbers of units must be sold? Fixed Factory Overhead Costs 80,000 Fixed Selling Overhead Costs 12,000 Variable Manufacturing Cost Per Unit 10 Variable Selling Cost Per Unit 5 Selling Price per Unit 23 Provide your solution.
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To calculate the breakeven point in units we need to determine the total fixed costs and the contrib... View the full answer
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
Posted Date:
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