Jameson Company sells pianos for $7,000 each. The variable cost per piano is $5,500. The company has fixed costs per month of $45,000. Compute the number of units the company must sell in a month to achieve a 15% return on sales.
Chapter 21, Practice Exercises #16
Jameson Company sells pianos for $7,000 each. The variable cost per piano is $5,500. The company has fixed costs per month of $45,000. Compute the number of units the company must sell in a month to achieve a 15% return on sales.
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