Problem
Severs Corp. has a product that sells for $65 and the variable costs are 63%. Fixed Costs = $28,000
1. Calculate the company's breakeven point in dollars and units.
2. Calculate the sales and units that the company must have to achieve a $10,000 profit.
3. Calculate the sales and units that the company must have to achieve a 18% profit margin.
4. Calculate the sales and units that the company must have to achieve a $14.00 per unit profit.