Mini Manufacturing is considering producing a product that would have a sales price of $90....
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Accounting
Mini Manufacturing is considering producing a product that would have a sales price of $90. The variable cost of the product is $30. Fixed cost is $90,000.
How many units must they sell in order to breakeven?
What is the breakeven revenue?
How many units must they sell to achieve a target income of $195,000?
What is the revenue needed to achieve the target net income of $195,000?
What is the margin of safety if expected sales are $500,000?
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