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How many units will need to be sold

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Reference no: EM132727998

The accountant from Trigg Traders examined the Income Statement for year ended 31 December 20X6 and extracted the following information:

Sales ($50 per unit) $100,000
Less Cost of Goods Sold 40,000
Gross Profit $ 60,000

Problem 1: If the unit cost for 20X7 increased to $30, how many units will need to be sold in 20X7 to generate a gross profit of $150,000?

Reference no: EM132727998

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