The Poster company sells a product with a per-unit contribution margin of $412. The company has fixed costs of $8,500 and like to achieve a $6,000 profit. How many units must they sell to cover fixed costs and achieve their target profit? A 24 units B 35 units 62 units 58 units

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 2MC: A companys product sells for $150 and has variable costs of $60 associated with the product. What is...
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The Poster company sells a product with a per-unit contribution margin of $412. The company has fixed costs of $8,500 and
like to achieve a $6,000 profit. How many units must they sell to cover fixed costs and achieve their target profit?
A 24 units
B
35 units
62 units
58 units
Transcribed Image Text:The Poster company sells a product with a per-unit contribution margin of $412. The company has fixed costs of $8,500 and like to achieve a $6,000 profit. How many units must they sell to cover fixed costs and achieve their target profit? A 24 units B 35 units 62 units 58 units
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