Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. cool fans sells hand held fans for $5.00. fixed co

Cool Fans sells hand held fans for $5.00. Fixed costs are $30,000 and Cool Fans...

80.2K

Verified Solution

Question

Accounting

Cool Fans sells hand held fans for $5.00. Fixed costs are $30,000 and Cool Fans plans to sell 20,000 fans this year. At what target costs (variable cost per unit) must Cool Fans acquire the fans if their total expected profit is $45,000?(round to the nearest penny)
$1.50
$1.25
$3.50
$0.80
image

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

Accounting
1.2K views

Activity cost pool Machine setup Materials handling Machinedepreciation Activity cost driver Number of setups...

Statistics
1.2K views

A social scientist would like to analyze the relationship between educational attainment (in years of higher...

Psychology
1.2K views

Critically examine the view that Industrial Relations has diffused conflict between Employers and Employees and has introduced...

Electrical Engineering
1.2K views

Please, faster Please answer the following questions in \"Energy Efficiency Basics\" multiple choice: 14 An air handler delivers 1,200...

Physics
1.2K views

5 Board A cylinder is filled with argon gas It has a diameter of 14m...

Basic Math
1.2K views

1 point A relation can be modelled using a quadratic relation when the differences are...

Statistics
1.2K views

Given the following histogram decide if the data is skewed or symmetrical Frequency 300 250...

Accounting
1.2K views

A 25- year project has a cost of $1,500,000 and has annual cash flows of...

Accounting
1.2K views

Barnaby & Sons receives a large shipment of goods from its supplier. It pays $58,000...

Accounting
1.2K views

Sonoma Manufacturing has five activity cost pools and two products (a budget tape vacuum and...

Finance
1.2K views

If the PPP theory holds, then the real exchange rate should not deviate persistently from...

Accounting
1.2K views

AJ Ventures Ltd is a company engaged in the manufacture of water bottles which are...