Solution-Compute the number of units needed to be sold

Compute the number of units needed to be sold

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Reference no: EM131759714

Question: 1. Jenny's Football Jersey Sales, Inc. estimates variable cost to be 30% of sales, and fixed cost to be $200,000. Each Saints T-Shirt has as selling price of $19.00.

Required: A. Compute the break-even point in units and in dollars.

B. Compute the profit in dollars assuming actual sales are $1, 200,000.

2. Elizabeth Company want its targeted net income to be $250,000 in 2016. The sell price per unit is $176.00 and the variable cost per unit was $85. The fixed cost is $600,000.

Required: (a) Compute the number of units needed to be sold to reach the targeted net income.

(b) Compute the sales revenue needed to reach the targeted net income.

Reference no: EM131759714

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Compute the number of units needed to be sold

Reference no: EM131759714

Reference no: EM131759714

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