PS
Patrycja Szymik
Answers (2)
PS
Answered
A product is sold for $45 and has variable costs of $33 per unit.The total fixed costs for the firm are $180,600.If the firm desires to earn a pretax income of $77,400,how many units must be sold?
On May 03, 2024
Unit sales targeted income = Fixed Costs + Targeted pretax income/CM per unit
($180,600 + $77,400)/($45 - $33)= 21,500 units
($180,600 + $77,400)/($45 - $33)= 21,500 units
PS
Answered
Using the data in the graph above,calculate the firm's total profit.
On May 02, 2024
Total profit = (price - ATC) output
= ($53.80 - $42.30) 395
= $11.50 395
= $4,542.50
= ($53.80 - $42.30) 395
= $11.50 395
= $4,542.50