Vargo Video sells not only camcorders but TV sets as well. Vargo sells its two...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Vargo Video sells not only camcorders but TV sets as well. Vargo sells its two products in the following amounts: 2000 camcorders and 3000 TVs. Camcorders are sold at $700 each, and TVs are sold at $1,500 each. Variable costs for Camcorders are $500 each and variable costs for TVs are $1000 each. The total fixed cost is $700,000. The company has target profit of $60,000. Compute the required number of units sold to achieve the target profit.
1,842 units
2,000 units
3,500 units
1,400 units
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: Zin AI - Your personal assistant for all your inquiries!
