A company has target of earning $80,000 profit from sales of goods. Profit margin for each unit

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A company has target of earning $80,000 profit from sales of goods. Profit margin for each unit is expected to be 10$.

How many units company needs to sell in order to achieve profit target? Also, if the total cost of production was recorded as $25 per unit.

What would be recorded as Selling price?

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: May 31, 2023 02:46 AM

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A company has target of earning $80,000 profit from sales of goods. Profit margin for each unit

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ANSWER To achieve a profit target of 80000 with a profit margin of 10 per unit the company needs ... View the full answer

Principles of Finance

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