Variable cost per unit is 175 the sales price would be set, Ask an Expert

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Variable Cost per unit is $175, the sales price would be set at twice the VC/unit and fixed costs are $500,000. The target operating income (EBIT) is $350,000. What sales volume would be required in order to meet the minimum profit goal? (Hint: use break even formula, but include the required profit in the numerator)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91619720

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