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

Problem: Module 5 Textbook Problem 8 Learning Objective: 5-7 Determine the sales volume necessary to break even or to earn a desired profit Gibson Company incurs annual fixed costs of $61,250. Variable costs for Gibson's product are $21:00 per unit, and the sales price is $30.00 per unit Gibson desires to earn an annual profit of $49.000 Required Use the per unit contribusion margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not found intermediate calculations. Round your final answers to the nearest whole number.)

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