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How many units would need to be sold to earn target profit

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You have invented a new healthy herbal energy drink that helps students focus and stay alert for many hours. You set up a small business by selling it at your local collage while studying full time. In 2015 you have sold 30,000 cans of the drink.

Your cost information is below:

Fixed Cost $40,000

Variable Cost $0.40 per can

Selling Price $2 per can

Problem a. Calculate the break-even point in units.

Problem b. Calculate the break-even point in dollars.

Problem c. How much profit was earned in 2015?

Problem d. How many units would need to be sold to earn your target profit of $150,000?

Reference no: EM132951653

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