Penny Corporation desires to earn target net income of $15,000. If the selling price per unit is $51, unit variable cost is $31, and total fixed costs are $685,000, the number of units that the company must sell to earn its target net income is

Solomon company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solomon wants to earn a target profit of $3,600, how many units must be sold? 2,500 7,500 9,300 18,600 18,750

A product is priced to sell for $12 with average variable costs of $8. The company expects to ear a profit of $400,000 with its total fixed costs of $120,000. Calculate the minimum number of units that must be sold in order to reach this target return.

A company has set its initial selling price at $28 per unit.  Its variable manufacturing costs are $10 per unit produced.  Its variable selling and administrative costs are $2 per unit sold.  The company’s fixed manufacturing costs are $300,000 per period and its fixed selling and administrative costs are $150,000 per period.  The company’s target profit is $200,000 per period.   What is the breakeven point in units?       What is the breakeven point in dollars? How many units must be sold to achieve the target profit? If the fixed costs increase by 20%, how many units must be sold to achieve the target profit?