P14a-9Z Company produces a single product that it sells for $60 per unit. Information relating to...
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P14a-9Z Company produces a single product that it sells for $60 per unit. Information relating to the costs of producing this product for the past six months is given below: Month August September October November December January Total Cost $200, 170 $278,520 $174,390 $243,760 $214,520 $155,880 Units Sold 6,470 9,730 5,390 8,280 7,060 4,620 Calculate the number of units of this product that P14a-9Z Company needs to sell in February in order to earn a net income for February that is equal to 52% of the sales in February. P14a-9Z Company produces a single product that it sells for $60 per unit. Information relating to the costs of producing this product for the past six months is given below: Month August September October November December January Total Cost $200, 170 $278,520 $174,390 $243,760 $214,520 $155,880 Units Sold 6,470 9,730 5,390 8,280 7,060 4,620 Calculate the number of units of this product that P14a-9Z Company needs to sell in February in order to earn a net income for February that is equal to 52% of the sales in February.
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Answer rating: 100% (QA)
Month Total Cost Units sold Percentage Income August 200170 6470 4844 September 278520 9730 523... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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