Exercise 11-18A (Algo) Desired profit LO 11-5 Walton Company incurs annual fixed costs of $99,000. Variable...
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Exercise 11-18A (Algo) Desired profit LO 11-5 Walton Company incurs annual fixed costs of $99,000. Variable costs for Walton's product are $32.50 per unit, and the sales price is $50.00 per unit. Walton desires to earn an annual profit of $48,000 Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in units Exercise 11-18A (Algo) Desired profit LO 11-5 Walton Company incurs annual fixed costs of $99,000. Variable costs for Walton's product are $32.50 per unit, and the sales price is $50.00 per unit. Walton desires to earn an annual profit of $48,000 Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in units
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