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QUESTION
The following information is available for XYZ Company: Sales (in units) . 5,000 units Selling price . $40 per unit Variable costs .
The following information is available for XYZ Company:
Sales (in units) ................. 5,000 units
Selling price .................... $40 per unit
Variable costs ................... $16 per unit
Fixed costs (in total) ........... $48,000
Calculate the number of units XYZ Company must sell in
order to earn a target profit equal to 35% of sales.
I got 4800.. is that correct?
