Vernon Company incurs annual fixed costs of $71,205. Variable costs for Vernon's product are $25.20 per...
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Vernon Company incurs annual fixed costs of $71,205. Variable costs for Vernon's product are $25.20 per unit, and the sales price is $40.00 per unit. Vernon desires to earn an annual profit of $57,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units Vernon Company incurs annual fixed costs of $71,205. Variable costs for Vernon's product are $25.20 per unit, and the sales price is $40.00 per unit. Vernon desires to earn an annual profit of $57,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
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The unit contribution margin technique states that Required sales volume in units to ach... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
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