Question: Show me the steps to solve Adams Company incurs annual fixed costs of $132,370. Variable costs for Adams's product are $21.35 per unit, and the

Show me the steps to solve

Adams Company incurs annual fixed costs of $132,370. Variable costs for Adams's product are $21.35 per unit, and the sales price is $35.00 per unit. Adams desires to earn an annual profit of $56,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in units $ 483,769 13,822

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