Determine the required sales in units and dollars to break, Accounting Basics

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Determine the required sales in units and dollars to break

Problem

Mottle Inc. fixed costs are expected to be $80,000 and variable costs are expected to be $20 per product. Sales price is $40 per product and targeted net income is $300,000.

Instructions

a. Determine the required sales in units and dollars to break even.
b. Determine the required sales in units to achieve targeted net income of $300,000.

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Accounting Basics: Determine the required sales in units and dollars to break

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Accounting Basics: Determine the required sales in units and dollars to break

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