Mini Manufacturing is considering producing a product that would have a sales price of $90....
50.1K
Verified Solution
Link Copied!
Question
Accounting
Mini Manufacturing is considering producing a product that would have a sales price of $90. The variable cost of the product is $30. Fixed cost is $90,000.
How many units must they sell in order to breakeven?
What is the breakeven revenue?
How many units must they sell to achieve a target income of $195,000?
What is the revenue needed to achieve the target net income of $195,000?
What is the margin of safety if expected sales are $500,000?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
