Cost-Volume-Profit Analysis
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Forms, Inc. wants to sell a sufficient quantity of products to earn a profit of $40,000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $80,000, how many units must be sold?
A) 60,000 units
B) 40,000 units
C) 15,000 units
D) 600,000 units
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Solution Summary
Please help with the following cost-volume-profit analysis problems
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The cost-volume-profit formula is Sales revenue-variable costs-fixed costs=net operating profit. By factoring out sales volume, we find that (sales ...
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