Question: Highjinks, Inc. has the following current operating data: Actual Sales 20,000 units Selling Price $100 per unit Variable Expenses $70 per unit Fixed Expenses $465,000

Highjinks, Inc. has the following current operating data: Actual Sales 20,000

Highjinks, Inc. has the following current operating data: Actual Sales 20,000 units Selling Price $100 per unit Variable Expenses $70 per unit Fixed Expenses $465,000 a. What is the Company's current Break Even Sales in: 1. Units 2. Sale Dollars b. What is the Company's current Margin of Safety in: 1. Units 2. Sales Dollars c. What number of Units would be needed for the company to earn a target profit of $96,000 d. What is the sales dollars that would be needed for the company to earn a target profit of $96,000

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