How many units must be sold this year, Accounting Basics

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How many units must be sold this year

A total of 30,000 units were sold last year. The contribution margin per unit was $2, and fixed expenses totaled $20,000 for the year. This year fixed expenses are expected to increase to $26,000, but the contribution margin per unit will remain unchanged at $2. How many units must be sold this year to earn the same net income as was earned last year?

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Accounting Basics: How many units must be sold this year

Reference No:- TGS066304

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What is jack adjusted gross income

Q : Determining the average and marginal tax rates

Q : What is roberts company''s break-even point

Q : Short-term debt-paying ability

Q : How many units must be sold this year

Q : Calculate the average total cost and average variable cost

Q : What should be the budgeted net income

Q : How do we evaluate income inequality

Q : Estimating the total fixed cost

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How many units must be sold this year

Reference No:- TGS066304

Recent Questions Asked Accounting Basics

Q : What is jack adjusted gross income

Q : Determining the average and marginal tax rates

Q : What is roberts company''s break-even point

Q : Short-term debt-paying ability

Q : How many units must be sold this year

Q : Calculate the average total cost and average variable cost

Q : What should be the budgeted net income

Q : How do we evaluate income inequality

Q : Estimating the total fixed cost

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