Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. boland company sells a product that is priced at $

Boland Company sells a product that is priced at $20 per unit. The per unit...

60.1K

Verified Solution

Question

Accounting

Boland Company sells a product that is priced at $20 per unit. The per unit contribution margin is equal to 15 percent of the sales price. If fixed cost amount to $86,500 and the company has a desired profit of $51,500, the number of units that must be sold to earn the desired profit is (Do not round intermediate calculations.)

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

Statistics
1.2K views

A data set comparing a woman s shoe size to her height is represented by...

Statistics
1.2K views

A researcher tested a research hypothesis that people with diagnosed depression will have REDUCED level of...

Physics
1.2K views

A monochromatic light source emits a wavelength of 500 nm in air. When passing through...

Statistics
1.2K views

13 Kevin selects one card from a deck of 52 cards If it is an...

Calculus
1.2K views

Use logarithmic differentiation to determined at x =1 for the following function:y=?x+1/(x+2)(x+1)-7?2/727/ 2?2?2/67/12

Accounting
1.2K views

The company has just hired a new marketing manager who insists that unit...

Accounting
1.2K views

Salmone Company reported the following purchases and sales of its only product. Salmone uses a...

Accounting
1.2K views

Provide the missing data in the following table for a distributor of martial arts products:...

Accounting
1.2K views

Deep Mines Ltd. of Saskatchewan is contemplating the purchase of equipment to exploit a mineral...

Accounting
1.2K views

These transactions took place for Whispering Winds Corp. 2021 May Dec 2022 May 1 31...

Accounting
1.2K views

Briefly explain why an acquiring corporation would structure an acquisition as a reverse triangular merger

Accounting
1.2K views

Porter, Inc. issued $400,000, 10 year, 10% bonds for $354,200 on January 1, 2022; the...