Question: If the total variable cost is $15,000, the total fixed cost is $10,000, and the selling price per unit is $30, how many units need

If the total variable cost is $15,000, the total fixed cost is $10,000, and the selling price per unit is $30, how many units need to be sold during September to earn a profit of $5,000?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Part A: Lease Evaluation Farmer Furrow is considering an investment in frog farming. Market research indicates that frog meat is in demand in chic city restaurants, and frog hides and skins make...

* * * * Cash Flow Statement: A company reports a net loss of $ 2 0 , 0 0 0 , depreciation expense of $ 1 0 , 0 0 0 , and a decrease in accounts payable of $ 5 , 0 0 0 . Calculate the cash flow from...

Ahmed owns Ahmed Manufacturing LLC based in Muscat. In deciding on several important business-related decisions, he has to deal with the following independent scenarios/statements: (0) All future...

Ahmed Manufacturing LLC manufactures Product Q. In the previous month of September 2020, the company budgeted to manufacture and sell 3,000 Product Q at a variable cost of OMR47 per unit and total...

Current Attempt in Progress\ Karen's Marbles generated $65,100 in total sales for the month of September. Her total variable costs were just $37,200 , leaving her with total contribution margin of...

Ahmed Manufacturing LLC manufactures Product Q. In the previous month of September 2020, the company budgeted to manufacture and sell 3,300 Product Q at a variable cost of OMR74 per unit and total...

Blues Traveler Company expects to sell 30,000 Mens Razors and 10,000 Womens Razors for the current year, giving the company a 3:1 sales mix. Total variable and total fixed costs for the company were...

Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data for the two products follow: Hawaiian Fantasy Tahitian Joy Selling price...

Michelle's Marbles generated $102,300 in total sales for the month of September. Her total variable costs were just $46,500, leaving her with total contribution margin of $55,800. The selling price...

* * * * Budgeting: A company plans to produce 1 0 , 0 0 0 units of a product at a variable cost of $ 2 0 per unit and a fixed cost of $ 5 0 , 0 0 0 . If the selling price per unit is $ 4 0 , what is...

8.71mL of a 4.00M HIO3(aq) solution is added to an ice-water mixture, and the freezing points were collected before and after addition of HIO3(aq). Once the temperature was stable after addition, the...

Under the assumptions specified in Sec. 17.9 for a system of infinite queues in series, this kind of queueing network actually is a special case of a Jackson network. Demonstrate that this is true by...

An S corporation using the cash method of accounting will NOT have which of the following items on Schedule L ? Accounts receivable / payable . Additional paid - in capital. Depreciation. Retained...

Solve these equations. a. |x 2 - 6| = 10 b. |x 2 - 2| = 2 c. |x 2 - 5x| = 6 d. |x 2 + 2x| = 24 e. |x 2 - 5x + 1| = 3 f. |x 2 + 3x - 1| = 3 g. |x 2 + 2x - 4| = 5 h. |2x 2 - 3| = 2x i. |x 2 - 4x + 7| =...

A low-flying crop duster A is moving with a constant speed of 40 m /s in the horizontal circle of radius 300 m. As it passes the twelve-oclock position shown at time t = 0, car B starts from rest...

Refer to Exercise 26. a. Of the eggs that hatched, what proportion were randomly assigned to hot water? b. Of the eggs that were randomly assigned to hot water, what percent hatched? c. The segmented...

Three different washing solutions are being compared to study their effectiveness in retarding bacteria growth in 5-gallon milk containers. The analysis is done in a laboratory, and only three trials...

The orbital diagram that follows presents the final step in the formation of hybrid orbitals by a silicon atom. What type of hybrid orbital is produced in this hybridization? 1 111 1111 3s

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

Lets measure consumer surplus if the government imposes price controls and goods ended up being randomly allocated among those con sumers willing to pay the controlled price. If the demand and supply...

Suppose the market for batteries looks as follows: pg85 What is the equilibrium price and quantity? Price Supply $7 2 Demand 10 20 30 Quantity

Consider the following supply and demand tables for bread. Draw the supply and demand curves for this market. What is the equilibrium price and quantity? pg56 Price of One Loaf Quantity Supplied...