Question: Classify the following costs as either variable, fixed, or mixed costs: Rent for a factory building Direct labor for manufacturing Raw materials used in production
Classify the following costs as either variable, fixed, or mixed costs:
- Rent for a factory building
- Direct labor for manufacturing
- Raw materials used in production
- Sales commission for each unit sold
Company B wants to achieve a target profit of $50,000. Given a selling price of $100 per unit, variable costs of $60 per unit, and fixed costs of $40,000, calculate the number of units the company needs to sell to reach the target profit
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