This topic contains a solution. Click here to go to the answer

Author Question: Portmain Industries management has budgeted the following amounts for its next fiscal year:Total ... (Read 32 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
Portmain Industries management has budgeted the following amounts for its next fiscal year:

Total fixed expenses$60,000
Sale price per unit$40
Variable expenses per unit$31

Increase competition in the market has forced management to consider a price reduction of 10%. In order to maintain the same targeted operating income of $30,000 by what percentage must Portmain increase the number of units sold?
◦ decreased by 100%
◦ increased by 40%
◦ increased by 100%
◦ increased by 50%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by chads108 on Jan 5, 2020

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly




chads108

  • Member
  • Posts: 507
Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library