D&I Inc., a merchandising company, reported the following results for September. Sales price per unit 1,075 Fixed selling and administrative expense per unit 109 Variable selling and administrative expense per unit 170 Cost of goods sold per unit 528 There were 500 units sold This question is independent of all the other questions. Please use only the information in this question to calculate the answer. Based on the information provided above calculate the number of units that need to be sold to achieve a profit of $45,000. Cost of goods sold is a variable cost in this company. Enter only the amount for the break – even in units (rounded to a whole number, based on general rounding rules) in the box, provided below. Enter the amount only. Do not enter letters, words, or the calculation.

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter7: Inventory Cost Flow Assumptions (fifolifo)
Section: Chapter Questions
Problem 9R: Click the Chart sheet tab. On the screen is a column chart showing ending inventory costs. During a...
icon
Related questions
Question
D&I Inc., a merchandising company, reported the following results for September. Sales price per unit 1,075 Fixed selling and administrative expense per unit 109 Variable selling and administrative expense per unit 170 Cost of goods sold per unit 528 There were 500 units sold This question is independent of all the other questions. Please use only the information in this question to calculate the answer. Based on the information provided above calculate the number of units that need to be sold to achieve a profit of $45,000. Cost of goods sold is a variable cost in this company. Enter only the amount for the break – even in units (rounded to a whole number, based on general rounding rules) in the box, provided below. Enter the amount only. Do not enter letters, words, or the calculation.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Cost Sheet
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,