FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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For the life of me I cannot figure this one out

Concord Corporation produces small lightweight camping trailers with rear kitchen facilities. The company’s fixed costs are $930,000 per year, and its variable costs are 70% of the unit selling price of $16,000. How many campers must the company sell to earn a net income of $174,000?

- 99
- 230
- 133
- 194

(Note: No graphs or diagrams are present in the image.)
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Transcribed Image Text:Concord Corporation produces small lightweight camping trailers with rear kitchen facilities. The company’s fixed costs are $930,000 per year, and its variable costs are 70% of the unit selling price of $16,000. How many campers must the company sell to earn a net income of $174,000? - 99 - 230 - 133 - 194 (Note: No graphs or diagrams are present in the image.)
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