Compute breed dollar sales that will yield projected

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Reference no: EM131265124

Breed Products has performed extensive studies on its costs and production and estimates the following annual costs based on 150,000 units (produced and sold): Total Annual Costs (150,000 units) Direct material $ 200,000 Direct labor 180,000 Manufacturing overhead 150,000 Selling, general, and administrative 100,000 Total $ 630,000 Required: a. Compute Breed's unit selling price that will yield a profit of $600,000, given sales of 150,000 units. (Round your answer to 2 decimal places.) b. Compute Breed's dollar sales that will yield a projected 20 percent profit on sales, assuming variable costs per unit are 60 percent of the selling price per unit and fixed costs are $225,000. c. Management believes that a selling price of $9 per unit is reasonable given current market conditions. How many units must Breed sell to generate the revenues (dollar sales) determined in requirement (b)? Here it is!

Reference no: EM131265124

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