Question: Yellow Dot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of

Yellow Dot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow Dot have to achieve to earn a target profit of $240,000?

		$400,000.
		$500,000.
		$600,000.
		$750,000.
		$900,000.

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!

Yellow Dot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow Dot have to...

18. Yellow Dot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow Dot have to...

Yellow Dot, Inc. sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow Dot have to...

Yellow Dot, Inc. sells a single product for $12. Variable costs are $4 per unit and fixed costs total $140,000 at a volume level of 7,800 units. What dollar sales level would Yellow Dot have to...

Four accounting questions are attached. Question 4 3 points Save HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses...

Yellow Dot, Inc. sells a single product for $13. Variable costs are $5 per unit and fixed costs total $140,000 at a volume level of 7,500 units. What dollars sales level would Yellow Dot have to...

competitors, but at a lower cost, or at a higher quality level than competitors, but at no greater cost 4 Yellow, Inc., sells a single product for $10. Variable costs are $4 per unit and fixed costs...

Yellow, Inc., sells a single product for $10. Variable costs are $4 per unit and fixed costs total $120,000 at a volume level of 10,000 units. What dollar sales level would Yellow have to achieve to...

The beam of rectangular cross section is cut from a round log. Find the ratio b/h that maximizes the section modulus of the beam. FIG. P5.44

On January 1, 20X1 LOL Corporation purchased 70 % interest in SAS Corporation for P120,000, when its capital stock and retained earnings were P60,000 and P40,000 respectively. The assets and...

1 0 . Prepare Frame - It's budgeted balance sheet as of December 3 1 , \ ( 2 0 \ times 1 \ ) . Answer is not complete. 6 . Indirect materials are purchased as needed and paid for in cash. Work - in -...

Freelancing is quickly becoming one of India's most promising new ventures in 2 0 2 2 , as more and more people provide digital services online and grow their businesses every day. As a term, "the...

=+3. Why might those supporting the Pendleton Act have been concerned about expertise of those in government positions?

=+a business, yet that would have been of grave concern to the decision makers in 1883. Why?

=+what may appear to be a greater good for the public by getting the job done expeditiously by fudging the rules from time to time?