Walton Company incurs annual fixed costs of $52,925. Variable costs for Walton's product are $26.00 per unit, and the sales price is $40.00 per unit. Walton desires to earn an annual profit of $61,000. Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. Required (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6EA: Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of...
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Walton Company incurs annual fixed costs of $52,925. Variable costs for Walton's product are $26.00 per unit, and the sales price is
$40.00 per unit. Walton desires to earn an annual profit of $61,000.
Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit.
Required
(Do not round intermediate calculations. Round your final answers to the nearest whole number.)
Sales in dollars
Sales volume in units
Transcribed Image Text:Walton Company incurs annual fixed costs of $52,925. Variable costs for Walton's product are $26.00 per unit, and the sales price is $40.00 per unit. Walton desires to earn an annual profit of $61,000. Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. Required (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
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