Question: Sales price is $250 per unit. Unit variable cost is $100 per unit. Total fixed costs are $3,000. How many units do you need to

Sales price is $250 per unit. Unit variable cost is $100

Sales price is $250 per unit. Unit variable cost is $100 per unit. Total fixed costs are $3,000. How many units do you need to sell to earn a target profit of $1,500 ? 15 units 30 units 18 units 45 units 20 units

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!

REVIEW QUESTIONS 1. Which of the following is NOT an assumption of cost-volume-profit analysis? A. Inventory levels will change as production levels vary. B. Managers can classify each cost as either...

Sales price is $100 per unit. Unit variable cost is $40 per unit. Total fixed costs are $1,200. How many units do you need to sell to earn a target profit of $600? 0 20 units 0 15 units O 45 units 0...

CVP Analysis Please show work. Which of the following is NOT an assumption of Cost-Volume-Profit analysis? A. Inventory levels will change as production levels vary. B. Managers can classify each...

18. For external reporting purposes, U.S. GAAP, requires companies to report their 10K using the _____________format. However, for internal management reporting, the ________________ format can be...

21. Which of the following statements is true regarding regression analysis? Regression analysis considers all of the data points for determining the line that best fits the data so it is usually...

#35) Tiny Company has a product with a sales price of $7 per unit, a variable cost of $2 per unit, total fixed costs of $50,000. How many units will it have to sell to achieve a desired profit of...

If the sales price is $20 per unit, the variable cost is $12 per unit, total fixed costs are $12,000, and 15,000 units are produced, the contribution margin per unit is: A. 20 B. 12 C. 8 D. None of...

If the sales price is $20 per unit, the variable cost is $12 per unit, total fixed costs are $12,000 and 15,000 units are produced, the contribution margin per unit is a 20 b 9 c 12 d 8

If the sales price is $ 2 0 per unit, the variable cost is $ 1 2 per unit, total fixed costs is $ 1 2 , 0 0 0 , and 1 5 , 0 0 0 units are produced, the contribution margin per unit is:

0 words Tabuk Corporation produces and sells a product A. Its selling price is SAR18 per unit, and variable cost per unit is SAR15. Total fixed costs are SAR4,000. a. What is Tabuk Corporation's...

Draw neat sketches of Cycle graph and Chronocycle graph.

Complete the concept map by correctly placing the phrases or terms provided into the appropriate locations. Not all labels will be used. Primary Pioneer species Biosphere II Climax community Keystone...

Which market is most sensitive to changes in price? Group of answer choices

1 According to the chapter, what is the # 1 reason projects fail? Lack of focus Lack of people Poor communication Lack of funding Lack of planning Project delivery includes which of the following?...

Explain how job analysis helps satisfies various legal requirements.

Describe the importance of global talent management.

Summarize the environment of recruitment.