A company invests $16,000 to produce a product that will sell for $45.60. Each unit costs $8.35 to produce. How many units must the company sell to break even? How many units must the company sell to make a profit of $95,000?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...
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A company invests $16,000 to produce a product that will sell for $45.60. Each unit costs $8.35 to produce.

How many units must the company sell to break even?

How many units must the company sell to make a profit of $95,000?

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