Q1) Selling price per unit-$30;
total fixed expenses-$33,000;
variable expenses per unit - $14.
Determine total sales in units to get a profit of $7,000, suppose no change in selling price.
Q2) Sales-$50,000;
variable expenses-$20,000;
fixed expenses- $20,000;
net income-$10,000.
Suppose no change in selling price; determine net income if activity volume increases 10%.