The company has a product that is sold at a selling price of 50 dinars...

50.1K

Verified Solution

Question

Accounting

The company has a product that is sold at a selling price of 50 dinars per unit, and the contribution margin per unit is 30%. And the fixed monthly costs amounted to 25,000. If the target profit that the company wants to achieve is equal to 20% of sales, how many sales units must be produced to reach the target profit?

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