Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company has target of earning $80,000 profit fro

A company has target of earning $80,000 profit from sales of goods. Profit margin for...

50.1K

Verified Solution

Question

Accounting

A company has target of earning $80,000 profit from sales of goods. Profit margin for each unit is expected to be 10$. 



How many units company needs to sell in order to achieve profit target? Also, if the total cost of production was recorded as $25 per unit. 


What would be recorded as Selling price?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students