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Author Question: The following information is for High Corp: Selling price$60 per unitVariable costs$40 per unitTotal ... (Read 118 times)

armygirl

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Question 1

The following information is for High Corp:

Selling price$60 per unit
Variable costs$40 per unit
Total fixed costs$135,000
The number of units that High Corp must sell to reach targeted operating income of $25,000 is ________. (Round up to the nearest unit.)
◦ 6,750 units
◦ 8,000 units
◦ 1,250 units
◦ 2,667 units

Question 2

The following information is for High Corp:

Selling price$60 per unit
Variable costs$40 per unit
Total fixed costs$130,000

If targeted operating income is $50,000, then targeted sales revenue is ________. (Round the final answer to the nearest dollar.)
◦ $540,000
◦ $390,000
◦ $150,000
◦ $180,000


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Marked as best answer by armygirl on Mar 6, 2021

zenzy

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armygirl

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Reply 2 on: Mar 6, 2021
:D TYSM


momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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