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AjX Inc. sells semi-conductor chips. In 2022 they made a revenue of $26,000,000 with an...

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Accounting

AjX Inc. sells semi-conductor chips. In 2022 they made a revenue of $26,000,000 with an operating profit of $1,600,000. For 2023 , the manager decides to target an operating profit of $2,200,000. For 2023 , AjX estimates that fixed costs will be $9,000,000. Each semi-conductor chip sells for $650 with a variable cost of $450. Determine how many semi-conductor chips AjX will need to sell to reach their 2023 target. $34,000 $56,000 $24,500 $11,800

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