Solved: Level of sales dollars needed to obtain target pretax profit, Accounting Basics

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Level of sales dollars needed to obtain target pretax profit

Problem:

The given information pertains to Berry Company:

Selling price per unit    $50
Variable costs per unit    $30
Total fixed costs    $100,000

What level of sales dollars is needed to obtain a target pretax profit of $20,000?

Could someone please show me a step by step solution to this practice problem?

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Accounting Basics: Level of sales dollars needed to obtain target pretax profit

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Accounting Basics: Level of sales dollars needed to obtain target pretax profit

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