If variable cost are 12 per unit and fixed cost total, Accounting Basics

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If variable cost are 12 per unit and fixed cost total

Problem

The president of Cummings Corporation will not receive a bonus next year unless the company's profits are at least $435,000. Cummings sells a single product at a price of $27 per unit. If variable costs are $12 per unit and fixed costs total $150,000, what amount of sales in units must Cummings generate in order for the president to receive a bonus?

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Accounting Basics: If variable cost are 12 per unit and fixed cost total

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Accounting Basics: If variable cost are 12 per unit and fixed cost total

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