Question: Narchle sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $363,000.

Narchle sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $363,000. Current sales total 18,000 units. In order to produce a target profit of $24,000, Narchle's dollar sales must total: Multiple Choice $7,740. $24,800 $1,210,000 $1,290,000. None of the answers is correct

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!

Suppose that you start up Fantastic Sandwich shop. You invested your savings of $20,000 and borrowed $70,000 from your relatives. Although sales in the first few months are good, you see that you may...

Narchle sells a single product for $50. Varlable costs are 70% of the selling price, and the company has fixed costs that amount to $375,000. Current sales total 21,000 units. Each unit that Narchle...

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $374,400. Current sales total 20,000 units. a) If Narchie sells...

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $478,500. Current sales total 25,000 units. Narchie: Multiple...

Narchie sells a single product for $ 5 0 . Variable costs are 7 0 % of the selling price, and the company has fixed costs that amount to $ 3 7 4 , 4 0 0 . Current sales total 2 0 , 0 0 0 units....

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $345,000. Current sales total 19,000 units. Narchie: Multiple...

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $411,600. Current sales total 20,500 units. Each unit that Narchie...

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $332,100. Current sales total 16,500 units. If Narchie sells 26,000...

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $363,000. Current sales total 18,000 units. If Narchie sells 28,500...

Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company has fixed costs that amount to $374,400. Current sales total 20,000 units. If Narchie sells 28,000...

Suppose that X is a random variable whose distribution is completely unknown, but it is known that all the moments E(Xk), for k = 1, 2, . . . , are finite. Suppose also that X1, . . . , Xn form a...

On January 1, 2010, Kloppenberg Company had Accounts Receivable $139,000, Notes Receivable $25,000, and Allowance for Doubtful Accounts $13,200.The note receivable is from Sara Rogers Company. It is...

Which of the following is agt an action compary co - managers can taks so help meet or beat the imestor - evpected increaset in the comparty's stock price in upcoming ytarst Pursuing efforts to...

1. Becoming Culturally Conscious. One way to understand your cultural position within the United States and your own cultural values, norms, and beliefs is to examine your upbringing. Answer the...

b. Why were these values considered important?

4. How have other fields contributed to the study of intercultural communication?