Question 6 At current sales revenue of $800, total variable costs are $640 and total fixed costs are $50. Your boss gave you a profit target of $150. How much do you need to sell in dollars to meet this target? O $840 O $1,000 O not enough information -- need data on units O $250 O $200
Question 6 At current sales revenue of $800, total variable costs are $640 and total fixed costs are $50. Your boss gave you a profit target of $150. How much do you need to sell in dollars to meet this target? O $840 O $1,000 O not enough information -- need data on units O $250 O $200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Question 6
At current sales revenue of $800, total variable costs are $640 and total fixed
costs are $50. Your boss gave you a profit target of $150. How much do you need
to sell in dollars to meet this target?
$840
O $1,000
O not enough information -- need data on units.
$250
O $200](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2774a722-c14a-40c1-98c4-6babc0450f70%2Ffca73d89-d2a0-4cf9-96d6-6eb9b649a499%2Fnu7e0l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 6
At current sales revenue of $800, total variable costs are $640 and total fixed
costs are $50. Your boss gave you a profit target of $150. How much do you need
to sell in dollars to meet this target?
$840
O $1,000
O not enough information -- need data on units.
$250
O $200
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