Question: Module 5 Textbook Problem 8 Learning Objective: 5-7 Determine the sales volume necessary to break even or to earn a desired profit Walton Company incurs

 Module 5 Textbook Problem 8 Learning Objective: 5-7 Determine the sales

Module 5 Textbook Problem 8 Learning Objective: 5-7 Determine the sales volume necessary to break even or to earn a desired profit Walton Company incurs annual fixed costs of $59,240. Variable costs for Walton's product are $26.40 per unit, and the sales price is $40.00 per unit. Walton desires to earn an annual profit of $55,000 Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (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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