FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

Agta Enterprises manufactures a product that sells for R180 each.  The company presently produces and sells 50 000 units per year.  Unit variable manufacturing and selling expenses are R90 and R18 respectively.  Annual fixed costs are R2 200 000 for manufacturing overheads and R1 040 000 for selling and administrative activities. 

 

Determine the sales quantity required in order to achieve the company’s profit objective of R1 800 000.

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