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Super Sales Company is the exclusive distributor for a high-quality knapsack. The product sells for...

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Question

Accounting

Super Sales Company is the exclusive distributor for a high-quality knapsack. The product sells for $60 per unit and has a CM r 40%. The company's fixed expenses are $360,000 per year. The company plans to sell 17,000 knapsacks this year.
Required:
What are the variable expenses per unit
Variable expenses per unit
2. Use the equation method for the following:
a. What is the break-even point in units and in sales dollars?
\table[[,],[Break-even point in units,],[Break-even point in sales dollars,]]
b. What sales level in units and in sales dollars is required to earn an annual profit of $90,000?
\table[[,],[Sales in units,],[Sales in dollars,]]
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