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Please answer following questions: Mehta & Associates, a producer of cable wires, wants...

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Question

Accounting

Please answer following questions:

Mehta & Associates, a producer of cable wires, wants you to complete several calculations based on the information given: Selling Price/Unit = $8.75

Variable Cost/Unit = $4.50 Total Fixed Costs = $39,500 Required to calculate the following:

a) Break Even point in units

b) Sales Volume necessary to produce a net income of $25,000

c) Total Units required to be sold to earn a Net Income of $20,500

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