Question
The following is a list of costs incurred by Dolly Selling price $75 Labor per hour $12 Materials per unit $8 Rent per month $1,200
The following is a list of costs incurred by Dolly | |
Selling price | $75 |
Labor per hour | $12 |
Materials per unit | $8 |
Rent per month | $1,200 |
Target profit | $700 |
Dolly makes a product which uses 4 hours of labor and 2 units of materials, It will sell for $75 | |
How many units will Dolly have to make to breakeven each month? (2 points) | |
Dolly wants to make a profit of £700 every month how many units will he have to sell to achieve this target? | |
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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